Posts by splash

We at Lombard Accountants are aware that with the current retail climate, it’s more important than ever to provide tremendous value to your customers and maximise your sales. One way to accomplish this is to increase your store’s average basket size and order value through upselling and cross-selling. Here are some more tips from the Lombard…

We know in the Lombard Accountants office that with the Christmas season just around the corner, 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 festive hampers? Here are a few alternative gift suggestions…

The Lombard Accountants team understands that dealing with difficult customers can be… well, difficult! If you and your team find yourselves in less-than-pleasant shopper interactions, having a plan is useful so you are better equipped to handle these situations with ease and grace. Here are some tips from the Lombard Accountants team to help you…

The Lombard Accountants team are firm believers that to understand the financial position of a business at a specific point of time, you look at the balance sheet. The balance sheet may also be called the statement of financial position. Together with the Profit and Loss Statement, and possibly other reports such as the Statement…

We know in the Lombard Accountants office that on the whole, LinkedIn is probably best known as somewhere for people to share their business experience, connect with other professionals in their sector, or search for a new role in the job market. LinkedIn’s focus may be on the corporate world of SMEs, but the platform…

We understand in the Lombard Accountants office that many businesses had to move their stores or products online during the pandemic. If you’re selling directly from your website, yours is an e-commerce site. And, it needs to do more than a normal website. Think about the following five tips from the Lombard Accountants team on…

It is a general complaint we hear at the Lombard Accountants office from our retail clients that operates 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 actually…

It’s clear to us in the Lombard Accountants office that getting your pricing right is crucial to ensuring your business. Setting your prices too high and your customers may desert you; put them too low and you’ll generate sales but won’t have a large enough profit margin to create healthy revenues and cash flow for…

The Lombard Accountants team know that turning a profit will be high on your list of goals as a business owner. And if you want to generate the best margins, that means keeping an eye on the money that’s going out of the business, as well as what’s coming in. So, how can your accountant…

The Lombard Accountants team are aware that social media marketing can be a compelling way to solidify branding, create quality leads, and drive sales. Or it can be a time-wasting chore that doesn’t represent your brand in the marketplace and doesn’t connect with your customers. Here are some tips from the Lombard Accountants team to…