Category Archives: Uncategorised

Filing Your Tax Return- A Guide

Filing Your Tax Return- A Guide

Filing your tax return: Being an early bird can really help reduce your stress levels, giving you more time to just get on with your business and your life. Here at Pro Active we have put together a short guide on tax returns if you want to complete your own. If after watching our video you feel more comfortable with

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Profit & Your Break-Even Point

Profit & Your Break-Even Point

Profits & your break-even point are so important to businesses that we’ve dedicated this blog and clip to this subject.   You might be wondering why knowing about this is important. Stay with me as we look at break-even. The bottom line is knowing your gives you better business insights and helps you make more profit in your business. Let’s

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Property Is A Business

Property Is A Business

The Business Of Property Property is a business.  Therefore run it as one, because it is not just an investment.   There is money to be made in property.  Therefore before money starts rolling in there’s lots to think about, including: Returns Decide whether you’re going for capital growth, income or a mix Ownership of properties Individual, partnership, LLP, single company

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Budget In Business

Budget In Business

To help you budget within your business, you need to have a “Personal Survival Budget” in place. What’s you minimum survival budget? Few businesses make enough money in the formative years. In order to find out how long you can continue trading, establish what your minimum survival budget is and how much money comes into the household excluding what you

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Take Charge Of Credit Control

Take Charge Of Credit Control

Are you taking charge of your credit control? This is an area that many of us find difficult to fit in to our working lives. However take note it’s really important to keep on top of it- it’s the lifeline of your business after all. 3 questions to ask yourself regarding credit control: Are you on top of your credit

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Measuring Performance In Business

Measuring Performance In Business

The WHO of Performance Performance measurement and performance management plays a vital part in business success, sustainability and growth.  It is not a onetime event rather it is a continuous process. Successful Business Performance Measurement and Management can be summarised in the pneumonic Who.  ‘Who’ stands for the following: WhatHow Outcome What: is all about what is measured, and more importantly

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Cost Type: Direct & Indirect

Cost Type: Direct & Indirect

Accountants classify cost as either direct or indirect. Differences between direct and indirect costs It is important to know the difference as this helps when it comes to: Pricing of goods and services Business Planning Controlling costs Understanding profitability of customers, products and services Improving efficiency Direct cost This refers to cost related to the production of products.  Below are

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Understanding Costs

Understanding Costs

COSTS: HOW THEY BEHAVE Understanding costs and your business numbers help with a variety of things, including: Pricing of goods and services Business planning Cash Forecasting Controlling costs Understanding profitability of customers, products and services Improving efficiency If we can describe and link business activity with costs then we have a powerful insight into and understanding of costs.  These costs are

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Keep Business Cash Flowing

Keep Business Cash Flowing

Cash is the most important financial commodity that keeps the business wheels rolling.  Cash is the life-blood of any business and is vital for survival, sustainability, investment and growth.  We need cash for a whole variety of things, from paying staff, suppliers and bills, buying equipment, servicing loans and paying taxes. Three things to remember to help keep that business

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A BIG THANK YOU re our successful charity drive

A BIG THANK YOU re our successful charity drive

Here at Pro Active, Scampi and the team would like to say a BIG thank you to all you kind animal lovers out there that donated to Scampi Claws Christmas Charity Pet Drive at Christmas. It grew from a small idea amongst the Pro Active team to something much bigger. We thought it was a great way to show we

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