In 2022 there were over three quarters of a million business start ups. Of those, 20% failed in their first year. It is estimated (based on previous years) that 60% of businesses fail in their first 3 years. Although there are no official figures indicating why, when you ask most business owners, the reason is down to poor financial planning. If you don't maintain accurate financial records and accounts, how can you possibly know how your business is performing?

Outsourcing your bookkeeping to a virtual finance department from the outset will enable you to focus on growing your business. Alternatively, if you have been managing your bookkeeping in house it is no problem passing this onto a bookkeeper to free up your precious time and manpower. We even have the flexibility to come into your local business on an ad-hoc basis if you feel it would benefit you having your bookkeeper close by. Outsourcing will save you all the employer costs normally associated with employing staff. There will be no holiday pay, no employee benefits to pay out, but more importantly no national insurance contributions or pension costs!