It's Not About Bean-Counting
...It's About Making Your Beans Count!
You use numbers all the time to navigate your personal life. From calculating the trajectory of that incoming asteroid to setting the timer on your Doomsday Device (just to pick two obvious examples from the daily life of a typical RIFT adventurer), knowing your statistics is the key to success. The trick, of course, lies not in simply recording the figures but in making those figures work for you.
Your accounts are a living snapshot of your business' performance. If you're keeping those records just because HMRC wants to see them once a year, then you're wasting the best things they can do for you. The more clearly you understand every aspect of your business situation, the more able you are to steer it in the right direction.
Business explorations are all about planning, and the financial information you record is the launch pad for everything you'll ever achieve. Without getting too technical here, maintaining and examining your accounts can allow the alert adventurer to penetrate the fourth dimension and actually see the future! Predicting the shape of things to come is the first, most critical step in creating your own future, so break out your figures for last year (and before) whenever you're planning budgets or anticipating demand. Remember that deadly cash flow crisis that exploded out of nowhere and almost wiped out your Brainwave Nullifier's R&D budget? Remember how you had to liquidate half your Magna-Beam Cannon scientists to cover the shortfall? Well, all of that could've been avoided if you'd only read the signs.
Many people think anything to do with maths or numbers is scary or difficult - but you actually do a lot of very complex arithmetic and statistical analysis every day without batting an eyelid. Let us give you some idea of just how comfortable with numbers you actually are:
If you can do all that, imagine what we can teach you to do with your accounts!
Most people still think of numbers in terms of "school maths lessons". It's a matter of realising what you already know how to do in other areas of your life and seeing how you can apply it in a different way.
As if seeing through time weren't enough, your publicly held records are a flag planted in the Business Battlefield, rallying allies and routing rivals with equal efficiency. You'd be wise to look into the financial records of anyone you're considering partnering with or battling against - because you can be sure they're doing the same thing to you...
Small businesses have a strong advantage in adapting to the unexpected and leaping on sudden opportunities. By their very nature, they're faster and more flexible than their larger counterparts. To seize that advantage, though, you need to have the alertness to recognise it and a clear eye for the fine details.
Get in touch now to hear more about how RIFT Accounting can turn your financial records into real, practical business tools - and watch this space for more Voices from the RIFT.