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Category: Business

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Maximising Funding Opportunities for Care Businesses: A Vital Strategy for Growth and Sustainability

The care industry plays a crucial role in society, providing essential services to those who need them the most. However, running a care business comes with its unique set of financial challenges, particularly in the current economic climate. One of the key strategies to overcome these challenges and secure the future of your care business…
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New Year, New Financial Goals: Setting Your Care Sector Business Up for Success

Happy New Year! As we embrace the start of a fresh year, it’s the perfect time for any business, especially ones in the care arena to set new financial goals and plan for success. Here’s how to get started: Reflect on the Past Year Begin by reflecting on the past year’s financial performance. What worked…
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Nurturing the Mind: The Vital Role of Mental Health for Care Sector Business Owners

Introduction When you’re deeply involved in the care sector, whether running a foster care agency, a child nursery, a care home or any business where your main focus is the care of others you’re not just managing a business; you’re leading a mission. While it’s incredibly rewarding, it’s equally demanding and I believe that it’s…
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Nurturing Finances: A supporting hand for Care-Centric Businesses

Are you running a children’s nursery, fostering agency, care home, or any business that focuses on caring for others? Do you remember when you were learning to ride a bike ? When that person teaching you gently placed their hand on your back to save you from falling and helping you with your balance ?…
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Empowering Your Fostering Agency: The Importance of Financial Planning for Long-Term Success

As an accountant with a passion for helping businesses in the care sector, fostering agencies hold a special place in my heart. And so they should having been a foster carer myself and sat on an independent agencies panel. Your dedication to providing a loving and nurturing environments for vulnerable children is truly commendable. But…
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How Care Sector businesses can lighten the load

I know that running a business in the care arena comes with a unique set of challenges. As a business owner, you find yourself constantly wearing multiple hats and juggling responsibilities while striving to provide exceptional care services to those you cae for. However, trying to handle every aspect of your business can lead to…
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The Benefits of Regular Financial Reconciliation for Small Businesses

As a small business owner, you’re likely already aware of the importance of keeping your finances in order. Financial management goes deeper than paying your bills on time and collecting on invoices (although those are also important). It involves regularly checking up on your financial situation to make sure your accounts are in order, your…
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What is a VFO?

A VFO or Virtual Finance Office / Officer, is a service offered by an acountant where they bring the experience and expertise of a high-level Chief Finance Officer and finance suoort to your business – without the cost of hiring a full-time, in-house employee. It is a specialty provided to small and medium businesses and…
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5 Common Bookkeeping Pitfalls — and How to Avoid Them

Although most entrepreneurs recognise the importance of careful financial management, few want to spend their time dealing with numbers. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business. Here are five of the most common bookkeeping pitfalls, and some simple tips for getting back on track.…
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Growth hacks for your small business

Deciding on an online marketing plan can be overwhelming for small business owners looking for affordable ways to nurture steady, sustainable growth. With time in short supply, the key is to find one or two growth strategies that will get results at minimal cost. These proven growth hacks offer business owners a few simple, cost-effective…
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