By Ashley Preen
July 23, 2020
If you don’t yet have a business website, likely you’ve been hearing about having an online presence for over a decade.
Perhaps friends have looked at you askance, wondering how in the world you can operate without a website.
Maybe you look at them strangely in return — you’ve never needed a website, you tell them. Your business runs perfectly well offline. People find you in the yellow pages, or perhaps via leaflets that you occasionally have distributed. They call you up and, voila, you’re in business.
In many respects, you’re probably right. So why do you need an online presence — specifically, your own business website — to be successful?
If there is one thing that COVID-19 taught us, it’s that being able to work remotely is an absolute must. Those companies which were prepared to handle the fallout once the lockdown hit are the ones who survived.
The remaining UK businesses had to scramble to get their online tools going rapidly — implementing work-from-home (WFH) solutions, team collaboration software, and plenty of other tools that they were not using before.
Now, I hear you, if you’re an offline business that can’t work from home, how would being online help you in such circumstances?
Let’s say you’re a plumber or a painter. Would having a website be of benefit to you during lockdown?
Absolutely.
Those traditionally “offline” companies that did not have a website would be hit hardest by the WFH regime.
What did people do when they were stuck at home all those months? They went online.
Across Britain, internet usage spiked.
Having a website would give people a way to find you when delivering leaflets was not an option.
Although having a website is not absolutely necessary to use Credit Card Payment Gateways such as PayPal or GoCardless, it inspires confidence in people who wish to pay for your services online.
It’s a lot simpler to take credit card payments using one of the systems mentioned above than to have to go through the rigorous procedure to be able to run credit cards on your premises.
It is so easy and cost-effective to get a website running these days that not doing it is folly.
There are numerous solutions for getting a simple online presence going quickly, including WordPress, GoDaddy, Weebly, Wix, Squarespace and others.
Even the designs for these sites are top-notch. One needs little-to-no knowledge of website design to get something professional up and running.
Perhaps you’ve been considering getting a shopfront going for your business. Putting up a website is the easiest way to get a public-facing front that doesn’t cost an arm and a leg to get going.
Unlike setting up a brick-and-mortar shopfront, you can test things with your site without too much initial obligation. If the site makes you money, keep it. If it doesn’t, let it slide.
If you print leaflets or have a physical shopfront in place, it’s difficult to change branding quickly. With a website, the decision to change branding can be done almost overnight with minimal expenditure.
It’s a lot easier to collect email addresses via your website than in person.
Using a website, a lot of tasks can be automated. Instead of having to manually input addresses of your clients into a master list, your website can automatically collect those addresses at the time of payment so that you can then send those clients of yours a newsletter in the future.
This saves time and opens the door to potential future business.
Social media is the name of the game these days. People share anything and everything with their friends and colleagues on sites such as Twitter, Instagram and Facebook.
And then there’s LinkedIn which is aimed specifically at businesses, and people seeking new business.
If you have a website with social-sharing buttons conspicuously placed, it’s easier for people to share your site’s address and recommend you to others via these social media platforms.
Even if they do tell their friends about you on the phone, for example, it’s unlikely the friend will ask for your telephone number and call you up. They’re far more likely to receive a link via a WhatsApp message and then go see your site before reaching out to you.
It’s likely that your business is already online without you even knowing it.
Websites such as LinkedIn and Google Business, amongst others, can index your business without your knowledge, stating that it is an “unclaimed” business. People can then review your business on some of these sites — all of this done without you knowing about it!
Having a website is a key way to consolidate all that information, and send people to one place where they can read up on reviews or services offered.
In short, the onus is on you to put your business online the way you want it to be viewed, otherwise, someone else might do it for you!
The world is becoming more and more digitised. When looking for information on things, people reach for their phones and do an internet search.
You might be doing fine today without any business coming directly from the internet, but no one knows what tomorrow will bring.
Those companies which are online will have a far stronger chance of succeeding in this New World of ours than companies who are not.
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Invoice factoring complications led client to inaccurate bookkeeping and unclear of clear reporting requirements
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Processing the invoicing system accurately with clear and transparent management reporting was key
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Holborn based laser hair removal company joined us with a view to expanding their business on a large scale. They undertook accounting and advisory services which helped them grow above their rivals.
Holborn based laser hair removal company joined us with a view to expanding their business on a large scale. They undertook accounting and advisory services which helped them grow above their rivals.
Achieve a national presence and grow organically through current business model
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No clear strategy for business growth or tax planning reduction techniques
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Too much time was being consumed in bookkeeping and previous accountants missed various deadlines
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Advised client to forward us everything in ‘shoe box’ style and provided full breakdown regularly to keep informed.
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As a franchisee tuition business, the client did not have the right advise to reduce taxes or a proactive accountant to advise where needed
Reduction in taxes through governmental tax subsidiaries and requiring more time to focus on the business.
A dedicated accountant was assigned to ensure deadlines were not missed and review of tax strategies.
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Client required advisory on payroll and VAT solutions and filing of accounts at year end.
No clear direction on IR35 nor guidance on allowable expenses that could be claimed.
Ensure the contractor company was compliant with HMRC and Companies House and advisory on saving taxes.
Provided a full explanation and review on IR35 and guidance provided on which expenses could be claimed to reduce taxes
Our client having a property portfolio in Switzerland required a specialist accountant that understood the UK tax legislation whilst having a thorough understanding of overseas tax implications.
Overseas and UK income not declared, needed tax returns filed for previous years and appeal to HMRC for outstanding penalty
Paying taxes in the UK and overseas, wanted help understanding the tax system so avoid paying taxes twice.
Appealed successfully for prior years penalties and filed all outstanding returns. Thorough review of all tax allowances available.
Our client joined us after losing track of their finances and needed someone they could turn to for help. We came on board and reviewed their internal bookkeeping arrangements and recommended efficiency to lower their input on areas which could be outsourced to us.
No real track of profitability or clear vision of expenditure along with weak internal processes.
To achieve a clear breakdown of expenditure and ensure the current setup for bookkeeping was run more efficiently.
Recommendation on reporting packs, internal processes and online applications to integrate for payment reconciliation.