When we are in business it is so important to keep an eye on our numbers but the amount of times that I hear from my clients that they are working all the hours in the day (and sometimes the night) and still not taking what they need or want out of their businesses. I am often asked why their net profit doesn't mean that they have money in their bank accounts.
I am Hetty Verney, Beyond Your average Accountant! I have been in business for over 20 years and have the added advantage of being an accountant as well as having run my own business so I understand all the pitfalls that you are going through right now. I'm also a Business Mentor for the Princes Trust for Young Entrepreneurs. 2 years ago my business was making a pretty good turnover but I wasn't taking what I needed or wanted. I came across this method of cash management quite by chance and it has been a complete game changer. By tweaking a small amount it has made an enormous impact on what I take home now and it is so simple to implement.