You must be aware of your income and expenditure. Proper books and records are essential for monitoring the trends and patterns in your business. It is not necessary to produce a full profit and loss account every month, rather select the key factors that will best help you understand how you are doing, e.g. chargeable hours, sales volume, wastage, and materials used. Compare these figures with previous months, and with your targets.
How can Akins & Co help?
Akins & Co can advise you on time proven, structured, approaches to growing your profit.