Friendly Glasgow Accountant - Providing Accounts, tax returns, payroll and VAT for small businesses. Sole Traders, Limited Companies Partnerships and individuals. Free initial consultation and fixed fee prices.

Tips for Surviving the Credit Crunch

For all of you who know me, you will know that I have for the last few month been refusing to participate in the recession!While I appreciate that this is rather a bold statement to make it comes on the back of some sound business judgments that I have put in place. It is some of these that I would like to share with your today.Get Paid sooner - Cash is truly King in these times. Know your most profitable service/ product and make sure this is prominent in your marketing. Look at your costs - I mean REALLY look at them, you will be surprised at how many hidden ones you find that could be reduced or eliminated... Again on costs - Before you order ask yourself " Do I WANT it, or Do I NEED it? Go back to previous years and contact all customers that have not bought from you recently. Go back to previous years and contact all prospects that did not result in a sale at the time. Keep marketing... The phone and the post are two way things, compensate for a lack of incoming with an increase in outgoing. Partner up with other vendors for joint sales. e.g. The strawberry seller and the cream seller. Look at your staffing levels. This is a difficult thing to do for small businesses, as the relationship with staff in usually close. But, remember you are running a business, and better to address the issue if you have to have to, rather than incurring costs that could jeopardise the business in the future. -- Fiona Purves Defacto- FD www.defacto-fd.co.ukIf you would like a Free business Healthcheck click here.

Specialist Services

We are a friendly firm of accountants offering straightformward and simply explained accountancy and taxation services to business and individuals, We offer fixed fees and access to a free online book keeping system. Our best source of recommendations are our many happy clients who are delighted with the level of service provided by Defacto. We cover the following areas Glasgow , Hamilton, Uddingston, Bothwell East Kilbride, Bellshill, Eaglesham and are happy for clients to come to our offices or we can arrange to meet them at their place of business. Free parking is available at our office.

Trade Bodies / Associations

Institute of Chartered Accountants of Scotland Accredited Accountant Professional Contractors Group

Trading Since

2003