Make knowing your numbers fun with Xero

Speak to most small business owners and 99% of them will tell you that keeping on top of their accounts is the bane of their life. Not knowing their numbers, worrying about cashflow are the main gripes. What about the other 1% we hear you ask.....well they obviously have taken our advice and got on-board [...]

By | September 29th, 2015|Xero|0 Comments

Planning for the weekend

Successful entrepreneurs know that good habits don’t start on Monday and end on Friday. Entrepreneurs expect to work longer hours than anyone else, but they also know that they have to fuel that success. Here are some tips from successful entrepreneur Timothy Sykes. While researching to compare my weekend habits to those of other successful [...]

By | September 25th, 2015|Uncategorized|0 Comments

Do you know your P’s from your Q’s? (Part II)

Putting your 'P's into practise: • Product. Your product--which also includes the service offered in service businesses--should solve an urgent need or pain for the customer. Your product needs the right features: It should be easy to use, visually interesting, and well-packaged. If you own a catering business, the team delivering the service as well [...]

By | September 25th, 2015|Uncategorized|0 Comments

Do you know your P’s from your Q’s? (Part I)

Thinking about all the elements in your business, no matter how small they may seem, can help you position your business and therefore your products and services in the market. ​The 5 P's are key marketing elements designed to help you think about your business strategically. Put broadly, marketing is a mix of business activities [...]

By | September 24th, 2015|Uncategorized|0 Comments

It’s never too soon

It's that time of year for students to be returning to or just starting Uni, but instead of throwing themselves into the madness of Freshers Week, some have other ideas. Oliver Dickinson started his own business, while in the second year of a Plymouth University degree course, here's his story: "I'm originally from Lowestoft [...]

By | September 18th, 2015|Uncategorized|0 Comments

It’s Magic

As you have no doubt worked out by now, here at Abacus Accountancy we are huge fans of cloud based accountancy, our tool of choice being Xero ( We are absolutely evangelical about it and our clients are converts too. It's not difficult to convince anyone that this is the way forward. As soon as [...]

By | September 17th, 2015|Xero|0 Comments

Fight for your rights…. get paid. Business owners often worry about payment. That's especially true in the early stages of running a new business, or when you're dependent on a small number of regular customers. Debtors are people who owe your business money. As long as they pay promptly, there's no problem. Unfortunately, sooner or later almost [...]

By | September 16th, 2015|Xero|0 Comments

We need you…

.. and you need an accountant too. Accountants can handle much more than just your payroll and tax returns. At Abacus Accountancy we are here for our clients at all stages of their company's growth. From a business plan to company formation, loan application to government audit, Abacus can make life easier for you at [...]

By | September 11th, 2015|Uncategorized|0 Comments

Time for a change

Do you know to the penny how much your Accountant is going to charge you this year? Can you call your Accountant at any time, just to ask a question or get a second opinion on a business decision? Is your Accountant working with you to grow your business? Does your Accountant know how your [...]

By | September 10th, 2015|Uncategorized|0 Comments

Is your business ready for …

... Auto Enrolment? Workplace pension schemes have been around for a while now. This is when a small amount of money is deducted from an employees wage and directly paid towards their pension. But the law on workplace pensions has recently changed, making it the employers legal duty to ensure that employees are placed onto [...]

By | September 8th, 2015|Uncategorized|0 Comments