It is tough to predict and anticipate currency fluctuations at the best of times, but the events of 2017 so far have arguably rendered attempts even more difficult. Indeed, at the start of the year, Donald Trump was inaugurated as the 45th President of the United States of America, Marine Le Pen got to the […]
Continue readingCategory Archives: Tectona Ten – Managing the Day to Day
How you managing the day to day operations of your business? Here are some tips to help you manage your business.
66. 5 Handy Bits Of Software That Can Improve Financial Control Of Your Business (Tectona Bulletin No. 66)
When it comes to running your business you need to ensure the financial side is efficient. Poorly managed finances can be disastrous to your financial safety and has often been the main cause of collapse of a business. Other than the main 2 specialist finance packages – Xero and Sage – there are a number […]
Continue reading69. Sage Or Xero – Which Camp Are You In?
Over 20 years ago, this probably wouldn’t have even been asked as Sage was advertising that 80% of accountants would recommend their software over that of their rivals’. The campaign that featured this statistic was so successful that the whole education and training industry focused on Sage technology. This helped Sage consolidate their position as […]
Continue reading62. Improving The Financial Literacy Of Your Team: Who Benefits?
It is a sad truth that the majority of people are financially illiterate; just consider those who pay £1.50 charge to withdraw £10 once a week from a cash machine when they could withdraw the same amount for free from the correct ATM. Or those who borrow money from payday loan companies because it’s money […]
Continue reading60. What To Do About Janet? Dealing With A Dinosaur Bookkeeper (with apologies to any Janets out there)
Today’s modern world is changing and it is often thanks to advances in technology that we see some of the greatest benefits to our lives and businesses. Technology is empowering businesses to achieve what they want far more efficiently and one area which is changing a lot is accounting. Cloud accounting is a powerful tool […]
Continue reading59. Cloud Accounting Systems: Pros, Cons and the Five Rising Stars
Cloud computing is one of the rising stars of business IT services. Being able to store and use systems remotely, accessible from anywhere can save businesses many hundreds of pounds in software licence fees and time transferring information. One of the best applications for our clients is cloud accounting systems. They are incredibly useful in […]
Continue reading42. A dashboard – as important to your business as to Lewis Hamilton
“The journey of a thousand miles begins with a single step.” However, if you don’t know your starting position, the journey may be considerably longer. For a business, this means knowing your most vital operating information. As your time is limited and information is not free, you need to identify the minimum facts about your […]
Continue reading32. More, more, more – 5 ways to be more productive
The UK is expected to be strongest performing of the largest economies in 2014, with GDP growth expected to exceed its pre-recession peak this summer. This is not the only good news for the UK however as productivity levels, albeit still below their pre-recession levels, are showing significant improvement, rising 0.3% in the final quarter […]
Continue reading17. Getting the most from your accountant – The Sequel
In our article ‘Getting the most from your accountant’ we touched on 5 ways that, as a business owner, you could improve the relationship with your accountant. The ultimate goal being to see your accountant as an investment in the growth and development of your business. As part of our ongoing commitment to building valuable, […]
Continue reading16. Managing your banking relationship – The Sequel
With yet another banking mis-selling scandal hitting the headlines shortly before Christmas last year, the title of our related article ‘Can you bank on your relationship manager?’ now seems more appropriate than we could ever have envisaged. The link is made with tongue firmly in cheek of course; many bank managers are keen to support […]
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