Practice News
Succession planning for your businesses
Our Lombard Accountants team know that it takes guts to start a business, especially in these Covid times. It also takes a strategic mindset to succeed and to know that it is time to plan for succession in your company. You may not be ready to hand over the reins of your business or sell…
Read MoreDoes your business have a client reception procedure in place?
We at Lombard Accountants understand that reception is the face of your business. The first impression you give sets the tone of the relationship with your clients either over the phone or in person. How should you approach having the correct reception structure in place for your business? Follow this guide from the Lombard Accountants…
Read MoreHow should your sales team handle rejection?
We understand at Lombard Accountants that rejection is inevitable for your sales team; it can also be the hardest thing about being a salesperson. Ensure your team knows how to handle rejection by considering the following tips from the Lombard Accountants team: 1. Act with grace and dignity. Respect the prospect’s opinion and accept their decision. Remain…
Read MoreSafeguard your business with simple checks and risk assessments
We at Lombard Accountants know that being able to trust your team is the gold standard of knowing you are running your business in the correct way but introducing a few simple processes ensures that is much harder for someone to abuse your trust. Think about these tips from the Lombard Accountants team to safeguard…
Read MoreHow can your sales team improve their sales pitch?
Companies are only as strong as the sales team they have in house. The Lombard Accountants team are aware that customers want to know what’s in it for them personally, not listen to a script. Teaching your sales team to ask effective questions, be attentive, and personalise your sales discussion to each prospect can help…
Read MoreReview your expenses – and save your business money
Lombard Accountants knows that running a business will always mean incurring certain expenses, or ‘spend’. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce…
Read MoreThe difference between directing and leading your business
So, what’s the difference between wearing the Director hat and the Leadership hat? In a nutshell, Director is a strategic role and Leadership is an operational role. At Lombard Accountants, we have refined our leadership and directorial structure. Has your company defined its leadership structure? The Lombard Accountants team has put together eight key differences…
Read MoreHow to deal with an unexpected staff departure
We at Lombard Accountants understand that your small business may sometimes have to deal with the fact that a valued staff member may unexpectedly move on to a new opportunity. It is only natural to feel sad and disheartened when a staff member leaves you, especially if it was unexpected. However, to prevent any further…
Read MoreHow to handle bad reviews about your business
The Lombard Accountants team are acutely aware that in this day and age online reviews have become the new go-to on social and they have tremendous power when it comes to influencing decision-making behaviours. Research shows that over half of all consumers are likely to seek out additional information and that online reviews matter most…
Read MoreUnderstanding your companies revenue drivers
You will know as much as we do in the Lombard Accountants office that for your business to make money, you need to generate revenue. In the last eighteen months, you may have had to shift your thinking on how to generate revenue for your business. You produce revenue through your usual business activities, by…
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