Profitability: What it really means
As small business owners we measure the success of our business is many ways. Through feedback, client retainment, goal achievements and financially. One way of measuring a business’ success is to measure its profitability. Profitability measures the ability of a business to generate more total revenue than total expenses. This information can be used alongside […]
Why digital accountancy is essential for your business
You have probably heard of various digital accountancy software such as Xero or Quickbooks and may be wondering if your business will benefit from making the switch. Digital Accounting software helps you easily record your business finances, whilst giving you quick access to analyse the data. Whether you are looking for basic invoicing capabilities, bank […]
The importance of cashflow
Often the importance of cash flow and its impact on a company’s sustainability and success is ignored or not understood by small businesses. One of the most important part of what we do at Surrey Accountancy is to ensure our clients are educated on the importance of cash flow and how to maintain it. As […]
