by Sara Jayne Slocombe | 3 Oct 2024 | Blog
Now that we’ve sussed what Direct Costs and Overheads are, let’s crack on with seeing how they can help us manage our small business! The first metric we’ll look at in this series is the Gross Profit Margin. The Direct Costs and Overheads Series What are direct costs...
by Sara Jayne Slocombe | 27 Sep 2024 | Blog
When looking at your profit & loss report, you’ve probably noticed that it’s in three major sections: Income at the top, then one set of expenses (direct costs), then another set of expenses (overheads). Have you ever wondered why there is this split between...
by Sara Jayne Slocombe | 4 Apr 2024 | Blog
If you’re a self-employed service provider with one to three main offerings wondering whether the numbers work for you to provide the service you have in mind and bring home the profit you need in the time you have available, then this two-part series is for you. Last...
by Sara Jayne Slocombe | 4 Apr 2024 | Blog
How many clients can you serve in the time you’re available to work? That’s what we’re calculating in this entry. If you’re a self-employed service provider with one to three main offerings wondering whether the numbers work for you to provide the service you have in...
by Sara Jayne Slocombe | 5 Mar 2024 | Blog
If you want to know how to consider your profit or remaining budget for a particular project or part of your business or charity, then this is the series for you. We talked about the idea of project tracking – what it is and ways to apply it – in part one....
by Sara Jayne Slocombe | 29 Feb 2024 | Blog
Want to know how to keep track of your different pots of money, and make sure you don’t overspend the budget for any project? There are lots of ways to do this. In this series of posts, we’re looking at how you can use project tracking in your accounting...