BUSINESS NEWS
SOUND BUSINESS ADVICE FROM AN INDUSTRY TAX EXPERT
Article by: Gary Jacobs CEO of Eazitax
eazitax.co.uk 020 8529 2600
In my 25 plus years as an accountant, I’ve seen hundreds of thousands of business people go from barely scraping by to absolutely smashing it. So here are the four rules of business that I tell all of my clients, friends and even my own children.
1. ALWAYS BE SALES-LED:
Stop messing around with your logo and put your energy into
bringing money into the business. Be open to trying whatever works to sell or market, and always gently ask for the sale. You can have integrity while still keeping the lights on.
2. ACTIVITY IS EVERYTHING:
I have a saying: “If you were going to be doing it, you’d be doing it”. There are no shortcuts, I’d rather see bad activity than good excuses. The faster you make mistakes, you faster you’ll succeed.
3. NEVER SPEND MORE MONEY THAN YOU NEED TO:
In the early years, spend what you
4. NEVER BORROW UNLESS YOU HAVE TO:
There’s a certain kind of person who never succeeds, and it’s the person that puts a £2,000 holiday to Mexico on a credit card while claiming to business.
have a growing
Be patient and wait until you can really afford it.
need to get and serve clients and no more. Don’t try and look like a big shot and don’t overstretch yourself. You could lose everything for the sake of a plush office and a BMW you don’t deserve.
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Terms and conditions apply. South Essex House, North Road, South Ockendon Essex RM15 5BE. SEIB Insurance Brokers Ltd are authorised and regulated by the Financial Conduct Authority.
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PHTM JUNE 2023
M0405 SEIB Private Hire Ad 195 X
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