Even the best business idea in the world or the best product of its kind needs a good accounting strategy in place in order to be successful.

Here are some reasons why businesses fail when they don’t make enough time for crunching the numbers and balancing the books.

1. They don’t keep proper accounting records. As a business, you are legally required to retain financial documents for 6 years. If you don’t, you can be fined by HMRC. With proper procedures in place, you should be using your accounting records as a tool to help you manage the business, not just something you have to keep for the taxman.
2. They don’t monitor cash flow. Running out of cash is one of the quickest ways to go out of business. Setting up and following simple procedures will help you monitor and keep track of what money is owed to the business & of what the business owes.
3. They don’t understand how profits work. It is important to take into account all costs that will affect you’re pricing when working out your business profit margins. If you’ve only looked at the gross profit margin, you’ll find your business making a lot less than expected.
4. They waste money. Many businesses overspend on non essential items, wasting precious financial resources. Making use of management reports will monitor your spending & will help with decisions like cost cutting.
5. They don’t seek professional help. While professional fees for bookkeepers, accountants, business consultants or tax advisers may seem high, the money they can save your business in the long run should make the initial outlay worthwhile. Every company can benefit from professional assistance with their business accounts, and those that think they’ll save money by doing it themselves may find it costs them dear.

The Company condemns all forms of discrimination and has developed this equality policy to promote our equality objectives. The aims of this policy are therefore, to:

– Eliminate any form of discrimination within the Company on the grounds set out in this policy;

– Create inclusive and sustainable communities in the area that are free from discrimination and harassment;

– Ensure all customers have equal access to high quality services that meet their needs.

Furthermore, it is recognised that if the above aims are to be successfully achieved the development of additional key equality and diversity policies is required.

Equality and Diversity Policy Statements

We are aware of, and value, the different groups of customers and possible future customers that we serve, and aim to deliver services that meet the needs of this diverse client group. All individuals can expect to receive equal access to the services we provide now, and in the future. Detailed below are the equality statements and commitments that, when implemented, will ensure our strategic aims and objectives are met:

Confidentiality of information is maintained at all times The Company will also endeavour to provide suitable interpreting services where appropriate, and will ensure that buildings are accessible to all wherever possible or that a suitable alternative is provided.

If you feel that you have been treated unfairly or suffered harassment because of your gender, marital status, race, religion, colour, age, disability or sexual orientation, you should report this without fail to the Company.

Any such complaints will be fully investigated as speedily as possible, and you will be kept advised of action taken.

If you are dissatisfied with any decision, you have the right to use the Company’s formal Complaints Procedure.

Law and Good Practice

In implementing this policy, we will endeavour to meet all legal obligations under the protected characteristics of Equality Act 2010

“We embrace diversity, promote equal opportunities for all and eliminate unlawful discrimination in all areas of our work.”

Name: Lisa Evans

We take pride in delivering a quality service, and in adding value to the local community and the wider environment.  As such we are committed to proactively managing our environmental and sustainable development impacts.  We abide by all relevant legislation and codes of practice, and are committed to pollution prevention and the continual improvement of our environmental impacts.

Our key areas of improvement focus on site energy efficiency, our use of raw materials & packaging and waste management.  Specifically, we plan to:

• Monitor & manage our utilities through the use of energy and water efficient fixtures, fittings and equipment
• When upgrading, specify high energy and water efficient equipment
• Ensure all employees understand the importance of good environmental stewardship, and deliver regular training to support this
• Record electricity, water and gas consumption to identify wastage and gauge the effectiveness of improvements made
• Minimise waste to landfill through implementing the waste hierarchy in all we do, providing segregated facilities for cardboard, plastics& stainless steel
• Source a higher percentage of recycled content packaging
• Monitor our effluent discharge, ensuring we stay with permitted parameters
• Wherever possible support local trades and suppliers, reducing mileage and increasing our contribution to the local economy
• Employ locally and invest in our workforce

We will regularly review our progress and take remedial action in the event of us falling short of our aims & objectives.  This document is a living policy, reviewed annually, and we welcome the input and comments of customers, suppliers and employees.

Lisa Evans

Workplace pensions : Opt out of the pressure of dealing with auto enrolment; We will assess your payroll, issue letters for your employees, set up and manage your pension scheme and file your Declaration of Compliance.

Under the pensions act 2008, every employer in the UK must put certain staff into a pension scheme.  This applies to all businesses or individuals in the UK who employ at least one person.

Many businesses chose to deal with this themselves, whilst others find it a hassle.

Don’t get caught up in the stress of dealing with the workplace pensions.  We can manage the whole process for you…Easily.

Our solution is to deal with this for you so that you can opt out of the hassle and save valuable time;

All you need to do is speak to one of our Specialist Advisers who will take some information about your employees to determine which duties apply to you and when.  They will explain the next steps that apply to you and will be able to answer any questions that you may have.

Please note that Easy Accounting Services provide a set up and administration service only, with and do not offer pension advice.