Archive for May 2023
What are the risks of taking out a personal guarantee on a loan?
Crean & Co Accountants understand that to fund the growth of your business, you’ll almost certainly need to take out a business loan at some point. But many lenders will ask you to provide a personal guarantee against this business loan – and there’s a risk element to consider when taking out finance. So, what…
Read MoreHow to Increase Profits in Your Small Business
As a small business owner Crean & Co Accountants know that increasing profits is a key goal that drives growth and sustainability. However, it can be a challenging task in a competitive market. In this article Crean & Co Accountants will explore effective strategies that can help you boost your small business profits and achieve…
Read MoreAre you in control of your staff expenses?
Crean & Co Accountants understand that when your managers and employees have their own budgets to utilise and spend, it’s important to keep in control of these staff expenses. It used to be standard practice to have a firm-wide company credit card that staff could use to make ad-hoc and recurring payments. But a company…
Read MoreNavigating the Challenges of Small Business Finance
Crean & Co Accountants understand that managing finances is a crucial aspect of running a small business. However, it can often be a daunting task for small business owners who may not have a background in finance or accounting. In this article Crean & Co Accountants will explore the challenges that small business owners face…
Read More10 ways to improve business performance
Crean & Co Accountants know that improving business performance is a constant, ongoing process. Here are ten ways from Crean & Co Accountants to make sure that you continue to drive your business forward with purpose, vision and the courage to super-charge your business. 1. Eliminate distractions: Time is the scarcest resource and biggest killer…
Read MoreThe Importance of Building a Strong Company Culture: Tips for Business Owners
Crean & Co Accountants believe that a strong company culture is essential for the success of any business. It defines the values, beliefs, and behaviours that guide your organisation’s operations and interactions. In this article Crean & Co Accountants will discuss the importance of building a strong company culture and provide some tips for business…
Read MoreScaling Your Business: How to Successfully Expand Your Operations
Crean & Co Accountants understand that expanding your business can be a major milestone, but it can also be a challenging process. To successfully scale your business, you need to have a solid plan in place and be prepared to make changes as needed. In this article Crean & Co Accountants will discuss some key…
Read MoreWhat is Price Elasticity of Demand?
Crean & Co Accountants believe that price elasticity is an economic concept that you should get to know. It is instrumental in understanding demand for your product and the price you can set for it. A price elastic product is one that experiences changes in demand as the price rises or falls. Some products are…
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