Ball & Co, Accountants, were established
in Bognor Regis in 1981 by Bruce Ball. Previously he had worked
for commercial enterprises at a senior level. Communicating
with non-financial managers in non-financial jargon
was essential. This he has continued to do in public practice,
advising clients as to the importance of plans, systems and
controls. As a consequence many have prospered
by identifying opportunities or taking corrective action at
an early stage.
Maximising
profits is the entrepreneurial aspect of business.
This needs to be coupled with tax planning
in order to minimise the slice of the profit cake taken by
the Exchequer. The end result is a greater disposable
income for the client and the opportunity to retain
sufficient capital within the business to finance future growth.
Whether a new or existing business, our profit orientated
advice will provide the solutions and tools necessary to manage efficiently
and effectively. |
| Market News... |
The increase in national insurance contributions will reduce the disposable income of consumers. Their pockets will be further squeezed by little or no increase in salaries and bank deposit interest. Roaring inflation will further reduce what this lower income will purchase. The savings ratio is expected to rise as high levels of debt are repaid. Demand, as already witnessed by major retailers, with the knock-on affect to manufacturers, will remain subdued. In order to satisfactorily ride this difficult trading period, businesses need to adopt tight cost control and budgeting procedures and be very flexible on sales prices and terms with prospective customers.
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| 5 April 2011 |
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