Archive for November 2022

Lombard Accountants believe that understanding the story your balance sheet tells about your business is vital to your businesses success. It’s important you understand the components of your balance sheet and the key ratios that measure the health of your business. So what does a balance sheet tell you about your business? The  Lombard Accountants…

It is a general complaint we hear at the Lombard Accountants office from our retail clients that operate small and medium sized businesses. Having excess stock will not only take up precious backroom or shelf space but can also tie up capital and can keep you from re-investing in your business or buying things you…

Lombard Accountants understand that managing employee leave might seem like quite a basic task for many businesses – especially smaller ones with only a few employees – and it can be tempting to take a relaxed approach. But unless you diligently track, manage, and pay to leave for every single employee, your company could be…

With the Christmas season just around the corner, Lombard Accountants believe that it’s nice to acknowledge your suppliers/business partners and say thank you for another year of great service. But what corporate gifts can you send that avoid the usual cliches of Yule logs and festive hampers? Lombard Accountants have highlighted a few alternative corporate…

Whether you’re heading into a holiday period, or just planning to take a break (and congratulations, because a healthy business means work-life balance), it’s important to keep your cashflow under control. Lombard Accountants believe that this means pre-planning and being proactive. When you’re not in the office, there are still overheads and salaries that need to…

We’re well into the final quarter of the year, with 2023 just a few months around the corner. But are you ready for the year-end? Lombard Accountants believe that it is important to have done your homework when it comes to planning your business journey for 2023 and beyond. Lombard Accountants will discuss the key…

Lombard Accountants know that rising global energy prices are a worry for all business owners. When the cost of your predicted annual bill doubles overnight, that’s likely to stretch your cashflow extremely thin. So, what can you do to overcome the problem of soaring electricity and gas prices? Lombard Accountants have outlined five simple ways…

Lombard Accountants believe that Christmas is a great time to let your customers and team members know how much you appreciate them. Lombard Accountants understand that after another unsettled year – it’s not easy to know how much to spend or whether to throw a party. Gifts, cards and donations The traditional professional Christmas gift…

Lombard Accountants know that if you’ve sold your business and have received the funds from the sale, you’re then faced with a big question: what happens next? Lombard Accountants understand that after guiding the helm of your company, it could be tough to let go. But if the circumstances are right, there’s no reason why…