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With business success comes serious financial responsibility. You may have an amazing product or service to offer, but without an efficient system in place to manage your company's finances, your venture is unlikely to succeed.
Over half of all business start-ups fail within their first five years, and while there are many reasons for this, poor financial management is often a key factor.
Here at AMR, we work with companies large and small to keep their bookkeeping and payroll tasks on track. With hundreds of clients across the South East and London, it's fair to say we've come to the rescue of many a business, helping to turn chaotic administration into a streamlined system that maximises profit.
Over the years we've noticed a pattern of common errors which we've listed in the six points below. Avoid them at all cost!
Even the smartest business people can fall into these traps, which is why it's so important to be vigilant and put sound financial management practices into place. Your time is money, and you may find it's more cost efficient to contract out bookkeeping and payroll tasks to a team of experts. If this is something you'd like to discuss with AMR, please don't hesitate to get in touch. Our fully qualified bookkeeping professionals will be happy to discuss your requirements, and tailor a service that perfectly meets your needs.