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These are news items added by McLean Reid an accountant in the Medway area. Please feel free to browse their news items below.


Making your future plans a reality by McLean Reid
Finding the time to work on your business rather than falling into the trap of always working in it, requires discipline and a structured methodology to make it happen. If we can show the importance of having a Strategic Plan, we find clients then make the time to create a .....
Date Item Added:- 01-09-2009 19:11:55                                                                                       [Read More]
What does a 19th century italian economist have to do with your business by McLean Reid
Without going into an in-depth history of Vilfred Pareto, he observed that 80% of Italy’s income went to 20% of the population.  Interestingly, this observation translates to business extremely well.  As a general rule, 80% of your revenue will come from 20% of your customers (or from 20% of your .....
Date Item Added:- 01-09-2009 19:10:27                                                                                       [Read More]
How “systemising” can maximise the value of your business by McLean Reid
It is a remarkable consistency of business owners that they set up a business in which they themselves are qualified to provide the service or product. So far so good, but it is this working within the business that creates one of the most common frustrations that owners encounter as .....
Date Item Added:- 01-09-2009 19:08:40                                                                                       [Read More]
First impressions count by McLean Reid
We’ve heard it before and we know it’s true; a customer’s first impression of your business weighs heavily on their decision to do business with you, or not, as the case may be. The telephone is the first point of contact for you with many of your customers so what .....
Date Item Added:- 01-09-2009 19:06:55                                                                                       [Read More]
Childcarer vouchers by McLean Reid
It is possible for employers to offer vouchers to pay for employees’ childcare in a way that can offer considerable savings to both employer and employee.  Early versions of the scheme were too complex or restricted, but we feel that the current version (or one of the current versions) could .....
Date Item Added:- 01-09-2009 19:05:31                                                                                       [Read More]
Why do your customers buy from you by McLean Reid
Have you ever asked yourself the question, “Why do my customers buy from me?” Take 5 minutes now to list down the reasons.  To help you get started, here are some of the common reasons we hear: Convenience - I’m the closest provider. Price - my prices are lower. Customer Service - .....
Date Item Added:- 01-09-2009 19:02:28                                                                                       [Read More]
Cash flow is the single most important issue in my business by McLean Reid
Do you agree? Most of our clients do. In this economy, cash is king and managing your cash flow is more important than ever. We specialise in helping our clients manage their cash flow. We do this partly by preparing and updating detailed cash flow forecasts, usually based on using .....
Date Item Added:- 01-09-2009 19:00:37                                                                                       [Read More]
Tax-saving opportunities: by McLean Reid
Tax planning should be a year-round process, but since some opportunities expire at the tax year end, 5th April is a key date. Here are just some of the strategies you might wish to consider before 5th April every year. Remember, the sooner you discuss your circumstances with us, the sooner .....
Date Item Added:- 01-09-2009 18:59:15                                                                                       [Read More]
New rules on company cars by McLean Reid
From April 2009 new rules on business expenditure on cars comes in to force. If you are thinking of using a car, be aware that CO2 emissions will affect the tax allowances you can claim. There are three CO2 emissions brackets: Up to 110g/KM – 100% first year allowance Not exceeding .....
Date Item Added:- 01-09-2009 18:58:00                                                                                       [Read More]
Some current thoughts by McLean Reid
Tax Refunds Two Budget changes mean that if times are tough you may be able to secure bigger and faster tax refunds than any of us had previously expected. If you have made a loss in your business we may now be able to secure a bigger and faster refund from the .....
Date Item Added:- 01-09-2009 18:56:52                                                                                       [Read More]

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