If you are one of the many businesses preparing reports simply to file them away, then please stop and ask yourself, why do you need or want to prepare management accounts?

For many things in life, you have a choice – do it yourself or get someone else to do it. From cleaning your car, to investing your money, decorating your house and marketing your business. The choice is yours.

With no universal price list to guide you, it’s incredibly difficult to work out how much to charge. You could have a look at your competitors’ prices but, as they’re in the same boat, their price may be far from “right”.

Why when the internet provides limitless amounts of information and advice available at your fingertips would anyone still choose to use a mortgage broker?

The pace of change in the accountancy software landscape is rapid. A high level look at the Xero App Marketplace shows over 700 apps that you can plug into Xero to help manage the finances of your business.