Our thoughts and musings

Here you will find our thoughts and musings about Profit First and a whole range of other accountancy topics. 

profit first cloud accountants

Will Profit First work for my personal finance?

Implementing the Profit First method into your personal finances is a simple process and helps you manage your cash flow effectively. The Profit First method is a system in which business owners take a percentage from each sale as profit as a priority before any other expense. The traditional profit formula deducts expenses from sales, leaving the remaining amount as profit. The Profit First formula flips the script on how business owners typically think about accounting and budgets. It is designed to help you build your business in a sustainable way for long-term profit and success, and is an excellent

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How can I affect my company’s Financial Health Score for the ESFA?

The Education and Skills Funding Agency (ESFA) uses financial health score as a measure of an organisation’s financial status. The health score measures their financial performance and their ability to maintain ongoing financial commitments. It is important for an organisation to understand the guidelines outlined by the ESFA and what they can do to affect their score. We at Cloud Accountant.com take a look at how you can affect your company’s Financial Health Score for the ESFA. What is the ESFA? The ESFA brings together the former responsibilities of the Education Funding Agency (EFA) and Skills Funding Agency (SFA) to

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silver package

Silver Package Benefits

So, our accounting experts at Cloud Accountant.com have covered the wonderful benefits you get signing up for our bronze package. Why, we’ve even discussed the perks of our incubator package for those a little more hesitant to join in the fun. But you, you’re different, right? You want to jump straight into the silver package, our most popular option. Ah, we must say, a very good choice! What is the Silver Package? A masterpiece of an offering. Okay, maybe we’re a little biased, but it really is a superb combination of data, expertise and support – all rolled up into

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bronze package

Bronze Package

Let’s be honest, we all love a good deal. If someone tells you you’re on the standard package, but the premium is just a little more money, 90% of people are going to ask how much and what they get for it (not an official stat but we reckon that’s about right!). It’s all about value and what you get for your money. Something our experts care about when creating financial success for our customers. Yet, guess what? We’re not going to go straight in with the hard-pitch on our Profit First Gold package. It might not be what you

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cloud accountant experts

Why should I work with your firm? There are other Profit First Advisors out there

Okay, so we can hear you saying, “why should I work with your firm? There are other Profit First advisers out there” and you’re right, there are – but none quite like us. When it comes to choosing a partner to help drive your profitability, you need to be working with a trustworthy, reputable organisation. That’s why we’ve been endorsed by the author of Profit First – Mike Michalowicz – as a certified provider of this incredible methodology. Our team of experts are on-hand to help you utilise Profit First to take your company’s finances to the next level.

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apprenticeship providers

Five Reasons Why Apprenticeship Providers Go Out Of Business

When we start out in business, we all dream about changing the world, using our skills to enhance people’s lives and build a sustainable business capable of supporting our financial dreams. No doubt that was your aim when becoming an apprenticeship provider and it still is. However, it’s not easy. The hours of hard work and persistence you put into your business doesn’t always reap the results they deserve, often putting your company’s long-term viability at risk. It’s a tough balancing act and it’s critical to know how to avoid the obstacles that can hinder profitability – and the future

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cloud accountants webinar

Mike Michalowicz Talk

Imagine how much easier your life would be if you could guarantee profit every single month. No more waking up in a cold sweat wondering if you’re going to hit your targets. Increased confidence to make new investments and business-critical decisions. It doesn’t have to be a dream. Profit First is the game-changing methodology that delivers this.

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