Jamie Goodenough - Accountancy Services
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6 Ways to Keep Your Paperwork

10/8/2016

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​When you first started your business deciding how to store your paperwork probably seemed unimportant.  Often there isn’t that much to keep in the beginning, but as our businesses grow the need for an easy filing system becomes more important.
 
If you have a wander around a large stationers you will find so many different options that it may seem a little overwhelming, and the staff can’t really give you any advice because they don’t know your business or how you run it.
 
So what is the best way to keep information?
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​Well, that will vary from business to business, there isn’t a right or wrong way of doing it, it’s just about finding the right way for you and your business.  Below is a list of popular filing options and how they are best used:
 
Ringbinders
Great for holding small quantities of paperwork.  If your business relies on fairs to sell directly to customers you probably won’t have that much paperwork to keep, so you may get everything you need for the year in one file.
 
Lever Arch Files
Larger files suitable to hold larger quantities of paperwork.  If you are producing more than 100 sales or purchases per month you may find it easier to separate your paperwork and have a dedicated file just for your sales invoices and another for purchase invoices etc.
 
Filing Cabinet
This is a great option if you need to keep a small amount of information on a large number of customers or suppliers.  Each file will have its own hangar to sit in and they will be arranged alphabetically so you can find them easily.  Be careful though, the hangars are not that strong and if you need to keep more than perhaps 20 sheets of paper the hangar may start to warp under the weight.
 
Box Files
These can be very useful if you need to keep several pieces of information of varying sizes together neatly, or if you have items that you either can’t or don’t want to punch holes in, such as pre-printed booklets or marketing materials.  It is also a great way to store small sample products.
 
Concertina Files
When you first start out and only have a handful of customers or suppliers a concertina file can be used in the same way as a filing cabinet but on a much smaller scale, and more cheaply too!
 
Index Card Box
Ideal for keeping small amounts of information about customers to hand.  Each card is the size of a post card so only suitable for name and contact info and perhaps purchase preferences if you supply several products or services.  These are stored alphabetically in a small box.
 
When deciding which options will work best for you, consider the amount of paperwork you will be handling and the amount of storage space you have got available.  Choose a system and stick to it for several months at least, unless it really doesn’t work!
 
If you would like some help setting up a filing system that will work for your business please email jamie@jamiegoodenough.co.uk or call 07891357525.
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The Most Important Job

8/7/2015

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If you ask ten different people what is the most important job within a business you will likely get ten different answers.  The salesman will say making sales, because without sales there would be no business, the accountant will say invoicing customers because without asking for money there would be no income, the production team will say making the product, because without the product there is nothing to sell.

But there is one task that EVERY role within a business needs to do, and if it is not done properly it can bring a business to its knees!

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The Beauty of Outsourcing

22/5/2015

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There comes a time in all small businesses where expansion and increasing profits are no longer possible because you are stretched to the limit.  You know that no-one else will love your business the same way that you do, it has been built from your blood, sweat and tears and that makes it very personal.

Taking on staff can be a very costly exercise and can create more stress for you.  

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Spring Clean

17/3/2015

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We’re all busy, and clearing out the office is often way down on the list of priorities, and sometimes isn’t even on the list at all! But it is important, especially if you have clients visiting your premises.  Ask yourself when was the last time your office was cleaned thoroughly?

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A big clean up and sort out can be very daunting, and time consuming, so tackle one thing at a time, don’t look at the whole room and panic.  Set yourself a target for today, and do it!  Then set another target for tomorrow.  Here’s an idea of how you could break down the work load:

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8 Benefits of Taking a Break

26/2/2015

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As small business owners we are all busy and we can carry around a lot of stress and anxiety over work and home life.  When the strain starts to build it’s time to take a break, and if a holiday is on the cards, even better!

Here are eight reasons why going on holiday is beneficial to you:

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How to Choose an Admin Consultant

7/2/2015

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Choosing to outsource parts of your business for the first time can be quite daunting.  You have built your business from the ground up by yourself, and letting someone else handle tasks for you is the next step to grow your business, but how do you decide who to bring in to help you?

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8 Steps To A Successful Meeting

22/1/2015

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Pre-plan your journey
Many meetings are held within a certain radius of the office which falls on familiar territory, but when you are travelling further afield make sure you have plotted your journey in advance.  Don’t take a chance on missing a train or flight because you didn’t allow enough time to travel the distance.  For every hour that you are travelling by car add an extra 15 minutes onto your travel time to allow for delays.  Better to be hanging around for half an hour waiting for your meeting to start than arriving half an hour after it began!!


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It's About time!

15/9/2014

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What could you achieve with just one extra hour per week devoted to your business?  What could you do to bring in more revenue?  Perhaps you could meet a new client, or maybe work on your latest profit making project?

Your time is your most valuable commodity, yet you spend so much time doing menial tasks that just don’t need your personal attention.  How long do you spend updating your database with new client details?  How much time is given to chasing up outstanding payments?

There is a solution…

Virtual assistants are self-employed, just like you, so they understand the pressures of running a business and will always provide high quality work.  You will only be charged for the time taken to complete the task and there is no task too small!

So how much is your time worth?  Could you benefit from freeing up some time to work on expanding your business while your VA gets on with updating information and providing good customer service on your behalf?

Don’t delay! Save time and therefore money by hiring your very own VA.


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What is a virtual assistant?

1/9/2014

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Virtual assistants are self-employed people who usually work from a home based office and handle administrative tasks for other businesses. 

Why use a VA?

- Business has increased but not enough to employ a permanent member of staff

- Cover for holidays and sickness

- Gain additional support for busy periods

- Need a project managed


What are the benefits?

- Strictly confidential service

- VA's are self-employed, so no salary commitments

- You are not responsible for sick pay, tax, national insurance or pension contributions

- You only pay for the hours worked for your business

- You do not need to provide a workspace or equipment

- Assistance from the same person again and again, which creates familiarity with your business and reduces the learning curve for new projects.



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    Author

    Jamie has spent many years working in administrative roles, she has also spent time as a stay at home mum and now loves the flexibility of working from her home office and being available for her family whenever they need her.

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