Accounting ratios demystified

The word ‘ratio’ probably brings up traumatic memories from high school maths class, but in an accounting context, a ratio is a useful tool. Accounting ratios are part of the basics, and if you understand how to use them, you can measure how financially efficient and...

Why you should re-think retainers

Many entrepreneurs and SME owners feel that paying a retainer fee for their accounting is something only corporates do. That’s a misconception: having a remote accountant on retainer is a boon for your business. Traditionally accountants bill in two ways: By the hour,...