Ever wondered what a typical day in the office for us is like? In an occasional series, we asked our team members to tell us about their work. In this way, we hope you’ll get a better understanding of what everyone does, but also find out more about what makes them tick.
For the first in this series, we talked to our Audit/Accounts Manager Catherine Hill.
An important part of my job is to work on the audits of some of our larger clients. I also prepare monthly and yearly accounts as well as corporate and personal tax returns.
In my managerial role, I supervise team members and also help with the scheduling to ensure our clients have the team continuity and that our trainees get the chance to work on the areas they need to ensure they meet their study requirements.
You may have seen me out and about as I also take an active role in HB’s marketing. This includes organising our own events as well as going to various networking meetings on behalf of the company.
Running your own business is a pipe dream for many, but those who are brave enough to stick their toe in the water are often rewarded when they’re their own boss. A recent survey discovered that 90% of the self-employed are happier than they were when they were in a traditional job. If you’re setting up your own business for the first time, it can be quite scary and many first-time entrepreneurs do make business mistakes. We’ve put together a list of the five most common pitfalls so you can do what you can to avoid them.
1) Not asking for help
Don’t be proud; you’ll need all the help you can get. Look for organisations, such as Wenta, that offer advice and training for people setting up their own business. You might know everything there is to know about your product or service, but running a business also involves doing the accounts, finding clients and customers, hiring suppliers, selling, marketing… you name it! And it’s your responsibility now!
According to the Merriam-Webster dictionary, the term “networking” was first used in 1967, but has only recently increased in popularity. In 1975, 8.7% of the UK workforce was self-employed; a number which grew steadily to 12% by 2008. Then the world’s economies crashed and, as a result of redundancies, many took the opportunity to set up their own business – currently more than 16% of the UK workforce is self-employed and that figure is rising. There will soon be more people working for themselves than there are working for the public sector.
With such large numbers of entrepreneurs and small business people running their own companies, it’s hardly surprising that business networking groups are springing up across the country. Many self-employed people have started them up or taken over networking franchises as a business in their own right. They not only provide a great opportunity to make contacts with small business owners, they also provide much needed social contact for people working for themselves.
With the advent of Ambition Broxbourne, Hoddesdon has thrived as a place to not only do business, but also to start your own enterprise. For entrepreneurs and owners of SMEs, networking is an excellent way of making contacts and building up a great network of clients and suppliers.
On Thursday 23rd June, HB went along to the FSB Herts Awards 2016. The evening was fantastic at the lovely venue Manor of Groves based in Sawbridgeworth. We were so proud to be awarded as winners in the Best Customer Service and Apprentice of the Year categories, as well as runner up in Training and Development! (more…)
1 HB Accountants @HBHoddesdon
HB Accountants have been serving Hoddesdon since 1983 but we’ve been formed since 1921, offering friendly and pro-active advice to help you grow your business and save tax. We’re very much a part of the Hoddesdon community and would like to highlight the Twitter accounts of other Hoddesdon businesses and charities. (more…)