Practice News

 Lombard Accountants know that the increase in digital business systems has opened up forensic ways of understanding your customer base. That’s a huge bonus when you’re aiming to build better connections, relationships and experiences with your audience.  Lombard Accountants understand that knowing what your customer wants is a fundamental piece of knowledge for any successful…

Lombard Accountants know that in order to acquire a complete understanding of your financial position and business performance it is important to examine your balance sheet, together with the Profit and Loss Statement and other reports such as the Statement of Cash-flow. Lombard Accountants will take you through the balance sheets three sections: assets, liabilities…

In a crowded marketplace, Lombard Accountants knows that it can be difficult to make your products and services stand out clearly from the competition. A key way to do this is to focus on building brand awareness and turning your existing customers and targets into advocates for your brand. Creating that competitive advantage won’t always…

The Lombard Accountants team believe that when people talk about ‘brand’ they often think solely from a customer perspective. However, a strong ’employer brand’ is also critical, in order to attract the right talent to your business. With a shift in skill-set requirements across most industries, it’s more important than ever to attract the right…

The Lombard Accountants team are aware that more than 70% of change projects within a business fail. Research findings show that employee engagement is the biggest factor. Whether it is a small change to one or two processes or a company-wide change, it’s common for staff to feel intimidated by it. So what can you…

The Lombard Accountants team knows that to really understand the difference between generating a profit and managing cash flow, we need to look at what these terms mean. You might think that delving into the accounts is a job for your adviser, but being in control of your profit and cash flow is an invaluable…

We at Lombard Accountants are aware of how challenging the market is right now. How then can you boost sales in this environment? Let’s look at the sales! Developing a relationship with your consumers by using the “Value Ladder” is one of the finest strategies to boost sales. The Value Ladder approach is based on…

The Lombard Accountants team know that keeping your business operational is a full-time job. It’s a balancing act that requires you to keep a multitude of plates spinning, while your executive team and employees support you at every stage of the operational journey. But what happens if these plates stop spinning? Sudden unexpected threats can…

The Lombard Accountants understand that the Covid-19 pandemic came along and shook up the work dynamic in a big way. We’d had cloud technology and remote working available for some time. But the pandemic acted as a catalyst for pushing remote working as a viable, everyday work option. So, how do you entice our people…

Some companies, such as the Lombard Accountants team continue to facilitate working from home options for some staff even as Covid 19 limitations are eased. We recognize that everyone has a unique management style and that during the lockdown you may have had to deal with issues that you may not have experienced in your…