My Week: Retirement

yes-no-maybeHello folks. My week was by no means perfect. Having said that it was better than the previous few weeks.

As we approach the end of the 2018/19 tax year end, I forced myself to think about making provision for retirement. I should have done it years earlier.  Part of the reason for not addressing this area is  I did not want to think about old age and not being able to work. Continue reading “My Week: Retirement”

My Week: Shrinking Practice

Analyzing business chart on laptop

Hello folks. As a small practice owner, I have no doubt, you understand, one of our key objectives is to at least maintain the client base to meet our costs and generate a profit that meets our income needs.

More recently, like any business, FT Practice is going through a difficult time in terms of a lower client base compared to this time last year. As I have mentioned in my previous blogs, last year, for a few months I took my eye of the practice. Continue reading “My Week: Shrinking Practice”

My Week: Business Decisions

Make doshHello folks. I am keen to get today’s topic of My Week, out of my chest. I wanted to draft today’s My Week a lot earlier. Until now, I did not have the time.

Fee Increases 

We make business decisions that affect our practice every day. Some of the decisions we make do not have a significant impact on the practice if a decision does not go in our favour. A good example of this is buying a laptop or a desktop.

Continue reading “My Week: Business Decisions”