Is Your Business Spending Unnecessarily?

How often do you review the ongoing costs of running your business? Is it something you do monthly, quarterly or once a year?

Or are you one of those business owners who does not get into the costs of running the business, or how much you are making? Can you honestly say that you are 100% aware of what you are spending money on and know that it still provides a benefit for the money you spend?

Bookkeeping is not simply recording transactions and keeping everything in good order to the tax man – it is also about reviewing your existing costs and if they are still benefitting your business.

Software Costs

Every business needs certain subscriptions and keeping up to date with their computer software – especially as they rapidly evolve over the year and must be kept on top of.

There may be obsolete software you are still paying a monthly subscription on that no longer fits its purpose – or there is a more effective product at a much cheaper rate than even provides better protection and security. In the meantime, every month you are paying a subscription rate for something that is either costing more than it should or is no benefit to your business.

Phone and Internet

Your business needs both a dedicated internet package and a mobile phone contract to be reachable and communicate with clients and internet users.

However, how many of you are informed about cheaper alternatives within your providers? Case in point: earlier this year, one business owner had slow internet that affected use whenever more than 1 person was using the WiFi. Upon calling the company to voice their displeasure, they were informed they were still on an old expired service and had not upgraded when it was available.

They not only got the fastest internet speed available, but they also got it £10 cheaper a month than what they were paying for their slow, old contract. Now everybody can use the internet in the business and efficiency has gone up. The same can be done with a mobile contract which offers upgrades to cheaper packages with better coverage every year.

Review of Expenses

These are just a couple of commonly overlooked areas, but the truth is your business may be paying out vast expenses on items that have better alternatives – or no longer serve their purpose at all.

This is one of the many areas bookkeeping services can help with for your business. Contact the team at Pebbles Bookkeeping today for efficient money saving through small business bookkeeping solutions.

Don't just take our word for it...

Robert Flinn, Director, The Drawing Room

“Pebbles have provided professional and personal approach to all our accounts needs from processing invoices to management accounts. Based in-house they have become a valuable asset to the business and have given us a more strategic and analytical approach to our finances.”

 

Sarah Rekia, Site Welfare

“In bringing Pebbles onboard, it has made me wonder why we decided to try and do our own bookkeeping at all. Pebbles came in and sorted 18 months worth of mess we had unwittingly created, and we cannot be more grateful. I wish I had been told about them years ago and I hope every business out there struggling would give them a call to fully see the benefits they are missing out on.”

Wayne Dinning, Managing Director, SD Waste Paper Limited

Diane has been providing her services to my company for approximately 6 months now and I can honestly say that due to her assistance, my company is running a lot more smoothly than it has at any time over the previous 30 years that it has existed.

I would just like to say that I would recommend her services to any business, whatever the size, as I can only see that her services would be beneficial to any company that may choose to employ her services.

Mark Gray, Taylor Made Finance Ltd

“Pebbles Bookkeeping have been doing our bookkeeping for the past 2 years. Our Accountant recommended them to us and they are very professional, approachable and knowledgeble in the work they do. We send them our paperwork electronically and manually and they process it all efficiently in a timely manner.

I would not hesitate to recommend Sean and the team at Pebbles Bookkeeping – they do a fantastic job.”
Steve Tanswell, Manchester Facades

I changed book-keepers around a year ago because of a disagreement.  I employed Diane of Pebbles and having been with the same firm for 10 years, I was amazed by how easy working with Diane was.  Not only did the change save me money but also saved me time.  Utilising new technologies (to me) have massively improved the amount of money I can claim back in VAT and has made the whole process speedier and well as easier.  Even when Diane is chasing me for information she does in a friendly professional manner.  I’m thrilled to be working with her and would recommend her to anyone.