“The use of employee share schemes is soaring, especially among smaller private companies”, says Alex Warren.
Employee share schemes are already commonplace in UK quoted companies. These often take the form of share options or awards of shares which are released to employees over time on the achievement of performance targets. Now, however, smaller companies are using specially designed schemes, such as the government sponsored Enterprise Management Incentive, to help them get through tough times. These schemes not only provide effective incentives for staff members but also offer the potential to save large amounts of tax and conserve cash.
Sunday, 16 May 2010
Sunday, 23 August 2009
Why every business should have a Part Time FD!!
It seems to me that business owners often think that their high street accountant is a business guru of some description who should be trusted with their most sensitive financial information and knows how to run a fantastic business.
The reality is that high street accountants are often average business men that "fell" into the profession after realising that there was little hope for them out in the real commercial world. These guys have never run "real businesses" and that is the issue. Don't get me wrong there are some good ones out there - but how often do they ever given great quality commercial advice? The point is that other than a bit of taxation structuring (and most of them are not very good at that!) it is a compliance service and a compliance service only that they should be used for.
To get quality Finance input - i.e. to make you more profit and get more cash in your bank - every business needs a quality go to person as their FD. A quality FD will more than pay for himself by helping steer the MD along the route of quality profitable business (i.e. making more Gross Profit!) and keeping Overheads down (the difference between Gross Profit and Net Profit!)
So if you are sitting there and you don't know the difference between Gross Profit and Net Profit and worse still your accountant hasn't explained this to you then be scared....be very scared... and then pick up the phone and call Yellow Brick Road (08447 706320).
Quality FD skill is available at a fraction of the cost of full time resource so why not bring one into your business for one day a month to see what they can do for you! www.yellowbrickroadconsulting.co.uk
The reality is that high street accountants are often average business men that "fell" into the profession after realising that there was little hope for them out in the real commercial world. These guys have never run "real businesses" and that is the issue. Don't get me wrong there are some good ones out there - but how often do they ever given great quality commercial advice? The point is that other than a bit of taxation structuring (and most of them are not very good at that!) it is a compliance service and a compliance service only that they should be used for.
To get quality Finance input - i.e. to make you more profit and get more cash in your bank - every business needs a quality go to person as their FD. A quality FD will more than pay for himself by helping steer the MD along the route of quality profitable business (i.e. making more Gross Profit!) and keeping Overheads down (the difference between Gross Profit and Net Profit!)
So if you are sitting there and you don't know the difference between Gross Profit and Net Profit and worse still your accountant hasn't explained this to you then be scared....be very scared... and then pick up the phone and call Yellow Brick Road (08447 706320).
Quality FD skill is available at a fraction of the cost of full time resource so why not bring one into your business for one day a month to see what they can do for you! www.yellowbrickroadconsulting.co.uk
Monday, 20 July 2009
A bit of market research....feel free to join in! (July 09)
Dear blog reader
Your very kind help is requested to complete the piece of research attached on the following link. I would not normally send a mass e-mail for this type of thing but having read the content I believe it could lead to an additional work stream for blog readers (always welcome I hear you say!). My client has specifically asked that I obtain the views of blog readers given their unique and distinct position in the market place.
There is also a chance of winning the charity draw of GBP 50 which can be donated to the winners designated charity!
http://www.keysurvey.co.uk/survey/265743/15fe/
Should take a maximum of 3 minutes!
Many Thanks
Alex
Your very kind help is requested to complete the piece of research attached on the following link. I would not normally send a mass e-mail for this type of thing but having read the content I believe it could lead to an additional work stream for blog readers (always welcome I hear you say!). My client has specifically asked that I obtain the views of blog readers given their unique and distinct position in the market place.
There is also a chance of winning the charity draw of GBP 50 which can be donated to the winners designated charity!
http://www.keysurvey.co.uk/survey/265743/15fe/
Should take a maximum of 3 minutes!
Many Thanks
Alex
Saturday, 20 June 2009
Do you have a great business idea? (June 09)
It seems to me that the current economic climate is potentially a great time for new businesses to spring up and evolve.
Firstly less people are working for an employer (i.e. their minds are no longer restrained by the system). This allows people to let their minds think about things that they do not usually think about! Out of this can come great business ideas. The issue is though is that often these people have no structured method of getting their ideas of the ground - this may be due to lack of knowledge or route to market or funding.
I also think that at the moment there is a whole set of people wiling to put the effort in to make these business ideas evolve - yet they do not have the idea in the first place.
Now if I could only get these people together.......
Firstly less people are working for an employer (i.e. their minds are no longer restrained by the system). This allows people to let their minds think about things that they do not usually think about! Out of this can come great business ideas. The issue is though is that often these people have no structured method of getting their ideas of the ground - this may be due to lack of knowledge or route to market or funding.
I also think that at the moment there is a whole set of people wiling to put the effort in to make these business ideas evolve - yet they do not have the idea in the first place.
Now if I could only get these people together.......
Wednesday, 20 May 2009
4 networking Farnham - the best new 4networking Group in the country!! (May 09)
Well I couldn't believe it either - 4networking Farnham has been heralded as the best new 4networking group in the UK!
In fact we were the 3rd best attended in the whole of the UK just behind Taunton and Bristol which both started about 3 years ago.
We have a really good group of people at Farnham and it is an honour to be the team leader - people come and enjoy themselves and do a bit of business too.
It is a formula that has worked very nicely so far and put Yellow Brick Road at the heart of the Farnham business community!
In fact we were the 3rd best attended in the whole of the UK just behind Taunton and Bristol which both started about 3 years ago.
We have a really good group of people at Farnham and it is an honour to be the team leader - people come and enjoy themselves and do a bit of business too.
It is a formula that has worked very nicely so far and put Yellow Brick Road at the heart of the Farnham business community!
Monday, 27 April 2009
The Marathon is complete!! (April 09)
So the boy can run. The London Marathon is complete - just over 4 hours so not too bad!
It was a hot hot day on April 26th - but I loved every minute. We also raised a great deal of money for the British Heart Foundation which was magical.
Thank you so much to all my sponsors - you all deserve a special pat on the back!
It was a hot hot day on April 26th - but I loved every minute. We also raised a great deal of money for the British Heart Foundation which was magical.
Thank you so much to all my sponsors - you all deserve a special pat on the back!
Monday, 16 March 2009
4Networking follows the Yellow Brick Road to Farnham!! (March 09)
On 25th March 2009 at Farnham Golf Club the business networking phenomenon that is 4Networking arrives in Farnham. With 193 vibrant breakfast groups across the UK and nearly 15,000 members, online and face to face, it really is a different way of doing things.
4Networking prides itself on allowing business people to be themselves with a relaxed informal style that is structured for efficient and effective use of your business time.
The breakfast club is bought to Farnham by Alex Warren of Yellow Brick Road who commented “I decided to bring 4networking to Farnham as I saw the need for a business breakfast club that was 50% social and 50% business. People go there because they want to be there not because they have to. There’s no pressure to refer business to each other as it’s all about doing business with people that you know, like and trust. Oh and getting 3 guaranteed business appointments at every meeting is always useful!”
To register for the event call Alex Warren of Yellow Brick Road on 08447 706320 or click on the 4Networking website www.4networking.biz .
4Networking prides itself on allowing business people to be themselves with a relaxed informal style that is structured for efficient and effective use of your business time.
The breakfast club is bought to Farnham by Alex Warren of Yellow Brick Road who commented “I decided to bring 4networking to Farnham as I saw the need for a business breakfast club that was 50% social and 50% business. People go there because they want to be there not because they have to. There’s no pressure to refer business to each other as it’s all about doing business with people that you know, like and trust. Oh and getting 3 guaranteed business appointments at every meeting is always useful!”
To register for the event call Alex Warren of Yellow Brick Road on 08447 706320 or click on the 4Networking website www.4networking.biz .
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