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...

James Balderstone, Lucid Networks

Pebbles Bookkeeping took over our bookkeeping when a full-time member of staff left the business.  Our accounts are relatively complex for a business our size because of the number of different suppliers and products we deal with, but Pebbles were able to get quickly up to speed.  We have significantly reduced our costs spent on bookkeeping activity as a result. They have also helped us move to a new accounting system (Xero), which we are already seeing the benefit of, and we’re looking forward to working with Pebbles in the future to automate more of our back-office processes.

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.”

Anne-Marie Armstrong, Amberry Marketing

I just wanted to thank you both for the help you’ve given me thus far in setting up my new cloud-based bookkeeping system ‘Clearbooks’.

Having used Microsoft Excel for more years than I care to admit, I had more than a few reservations when considering changing the way I managed my books, yet understood that I had to make the change sooner or later.

After an intense training session with Sean, (where I probably asked 101 questions), my fears quickly dissipated and I can honestly say that although it’s likely to take me a little while to really get to grips with the new interface, I’ve no doubt that this simple system will save me so much time and hassle in future.

And less time spent doing my books, almost certainly means more time with the family and an end to rushing around like a mad woman at quarter-end!

Thanks again and I’m looking forward to working with you again soon.

Lisa Heggie, The Gunnery

A massive thank you to Diane at Pebbles Bookkeeping & HR. You took the huge stress away from where do I start, with employee policies etc. You have created us a great, informative employee handbook, covering all necessary policies and risk assessments in a matter of no time and from the other side of the world too. I will definitely be in touch for any future help our company needs.

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.”