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finance »

[25 Nov 2009 | No Comment | ]
Cash, Systems, People

More Profit in Less Time – The Wednesday Tip
Cash, then Systems and then People. That’s the way to grow a business.
It’s true that more than 50% of small businesses fail before they reach their 3rd anniversary. And the biggest reason that businesses fail is a lack of cash. So in order to give yourself a sporting chance, your new business has to focus on bringing in cash.

If you can’t do that in the early days, then you really don’t have much of a business.
Once the theory starts working in practice …

technology »

[8 May 2009 | No Comment | ]

Friday Feedback

In the old days, before Proactive was a paperless operation, we used to have paper files labelled:

Corres
Accounts
Tax
Payroll

We first tried going paperless in Aug 2005, when the hardware and software really didn’t do what we wanted. For a start it was slow and cumbersome, and it did not resemble our paper system at all! It was abandoned after just a few weeks.
Then, in Nov 2007, we took the plunge again and designed our own paperless system. The trial worked, because we relied on no proprietary product and built our own …

getting things done »

[8 Apr 2009 | No Comment | ]

This site is maintained by The Proactive Accountant Dot Com – link to this article directly by using the short URL http://bit.ly/91EaBP

More Profit in Less Time – The Wednesday Tip
We can all be too sentimental in our business relationships and that sometimes stops us from facing up to the brutal facts when things are going wrong. Instead of being an emotional human being at times like these, I have found a way to trigger a switch in my brain, which says “implement SUMO”.
SUMO is a way for me to evaluate …

technology »

[6 Mar 2009 | No Comment | ]

What happens when your system works perfectly under normal circumstances, and then you put a heavy load on it?

I was at PHP London last night and Andrew Betts introduced me to this picture. It says it all! Andrew’s discussion on scalability was excellent.
Proactive Paul The Proactive Accountant Dot Com

finance »

[8 Feb 2009 | No Comment | ]

What is the primary cause of business failure? It’s tempting to say procrastination, although you might want to take a bit of time and think that one over!
To be honest, it’s lack of cash. In the UK more than 50% of small businesses go out of business before their third anniversary. And it’s not a lack of profit that’s the problem, it’s the cashflow. Lack of cash is the biggest reason that many businesses go out of business. I speak on this subject (see Proactive Paul Dot Com) and there …