01202 022992
contact@balloonaccounting.co.uk
BH12 1PN, Poole, UK

Category: Goal Setting

your business, changing lives

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Financial Tips for Foster Care Agencies, Child Nurseries, and Care Homes

Your work is not just a job; it’s a mission to provide care and support for the most vulnerable in our society. Managing the financial aspects can be challenging, but with the right approach, it becomes much more manageable. 1. Budgeting for Stability First things first – let’s talk about budgeting. A solid budget is…
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The Heart of Care: Balancing Passion and Profitability in Social Care Services

In the world of social care, passion is the fuel that powers our mission. It’s what drives us to provide exceptional care, support vulnerable individuals, and make a tangible difference in people’s lives. However, for care businesses to sustain and expand their impact, balancing this passion with profitability is essential. But how can you ensure…
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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 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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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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Accounting, Business & Advisory Services Poole, Dorset

Our Cashflow Management service

Cashflow planning is critical to survival and growth in any business. Setting cashflow targets will enable you to predict large cash outflows and respond to changes in your business. Looking ahead with confidence and putting in place cashflow maximisation strategies is key to increasing business value. A Cashflow Forecast and our Cashflow Management Coaching meetings…
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Should I focus on profits or cashflow?

Turning a profit is at the heart of running any successful company. But should profits be the only financial focus if you’re looking to create a stable, long-term business? Cashflow is the beating heart of your business. Without an even and predictable flow of cash into the company, you can’t cover your overheads, you can’t…
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Our Business Planning service

Setting goals & implementing strategies for achieving them is an important step towards unlocking business potential. If you don’t have a #BusinessPlan which you update quarterly and refer to weekly, get in touch to develop one now! Success is about planning; we want to help you achieve success. It’s essential to take time out from…
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