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Step 7 of Building a Better Business

Anna Stubbs • August 2, 2023

Get someone independent to hold you to account

Have you ever set a New Year’s resolution and then reset the same one again the following year? It's widely recognised that approximately 80% of New Year's resolutions fail. How can we increase our chances of successfully achieving our goals? Accountability.



The most foolproof way of ensuring you complete the actions you’ve committed to is to give someone nagging rights to follow you up. This may be your personal trainer at the gym who makes sure you show up at 6am, or it could be your accountant who checks in on you every 90 days to make sure you’re on track to completing your actions and achieving your business goals.

A soft coach will encourage soft results.

If you think about the type of coach a successful sports team would benefit from, would it be a hard coach or a soft coach? It’s no different in business. We all need someone with the backbone to hold us firmly to account and follow through on consequences for failure to act (‘give me 100 burpees!’).

A soft coach, maybe a life partner or a friend, is likely to worry they’ll upset you if they nag about inaction. They’re likely to accept your excuses. Whereas a hard coach isn’t going to worry about hurting your feelings and they won’t accept excuses. That doesn’t mean they don’t have a heart. Great coaches have backbone and heart; they just care more about your results than your excuses.

If you really want to achieve your goals, seek accountability from a coach who’ll console you after you’ve done the burpees, one who discourages inaction, and enables you to achieve. We can help.

“A coach is someone who tells you what you don’t want to hear, and has you see what you don’t want to see, so you can be who you have always known you can be.” - Tom Landry

What's happening with Making Tax Digital?

By Anna Stubbs • February 5, 2025
Keeping up to date with HMRC’s Making Tax Digital initiative is important, whatever size business you run and however you currently record, submit and pay your business taxes. Let’s take a quick look at the goals of Making Tax Digital (MTD), which requirements are currently mandatory and which elements are likely to change in the near future.

What are your business goals for the year ahead?

By Anna Stubbs • February 5, 2025
The beginning of a new calendar year is an excellent time to review last year and reflect on what worked, what didn’t, what you’d like to change and new things you want to implement. Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with an objective perspective can provide valuable insights to prepare for the coming business year. Planning and goal setting will help provide a focus for your business efforts. 

Should you buy a building for your business?

By Anna Stubbs • February 5, 2025
Tired of paying rent for your commercial premises and considering buying a premises for your business?  Owning a building works best if your business is well-established, you have money to invest, and you’re taking a long-term approach – it can take many years for this decision to pay for itself.
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