In this week's episode, we delve into the intriguing world of business metrics with a particular focus on Revenue Per Employee (RPP). Aimed at six and seven-figure business owners, your host is joined by co-host Claire Hancoctt, a seasoned finance director, chartered accountant, and entrepreneur, to explore how to drive profitability and enhance business growth. Listeners will gain practical insights as Claire provides detailed industry averages and real client data to contextualise how RPP can signal efficiency, profitability, scalability, and even potentially appeal to investors. The hosts also offer strategic advice for small business owners on utilising RPP alongside other metrics to drive informed business decisions. To Get Your FREE Copy of The PROFIT BY NUMBERS book go to https://www.profitcashgrowth.com/book ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

This week we unveil six game-changing technologies that promise to redefine your financial strategy. We deep dive into essential tools that make up a potent tech stack empowering businesses to streamline operations and enhance profitability. From comprehensive accounting systems like Xero to powerful add-ons such as Dext, Apron, and Mayday, learn how these modern solutions can significantly improve efficiency. Find out why being tech-savvy is now a crucial component for accountants and how these innovations can help businesses stay ahead of the curve. This episode is packed with practical insights and expert advice for those ready to embrace technology in their business operations, providing a clear pathway to grow, innovate, and succeed in the ever-evolving financial landscape. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

This week we delve into essential strategies for business owners, particularly those experiencing rapid growth and managing significant cash reserves. We address a common conundrum for successful businesses: what to do with excess cash. Claire Hancott outlines six strategic options, from buying commercial property and paying down debt to reinvesting in your own business or considering traditional investments outside your core operations. Each strategy is unpacked with potential benefits and considerations, offering an invaluable roadmap for prudent financial management. Whether you're overwhelmed by too much cash or eager to plan for continued growth, this episode provides actionable insights and expert advice on leveraging your financial surplus to achieve long-term success. Tune in and transform your finanical strategies today! ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

Welcome to this week's episode of the Profit Cash Growth Podcast, where we take a nostalgic journey back to 1995 to explore what it was like to run a business during that era. For all the 'Back to the Future' fans, we jump into our time machine to understand the changing dynamics in the business world over the last three decades. Join us as we unpack the key differences between starting and sustaining a business then and now. We explore the role of taxes, regulatory changes, and technology—all crucial factors influencing how businesses thrive today versus in the past. Our discussions decide whether it's truly easier to start a business in today's world compared to 1995, examining the challenges and advantages brought about by advancements in technology and new regulations. Claire and Simon engage in a thoughtful debate about entrepreneurship's evolving landscape, offering insights for current and aspiring business owners. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

In this week's episode we delve into the dynamic world of business pricing strategies. As a finance director and chartered accountant with extensive experience managing a 500 million-pound revenue, Claire sheds light on the intricacies of pricing and its impact on company growth. Claire unpacks five essential insights into setting the right price, including the importance of customer segmentation, the fallacy of sticking to cost-based pricing, and the need for an adaptive pricing system. The conversation also touches on how businesses can protect their profitability while maintaining customer satisfaction, showcasing real-world examples and offering advice tailored for business owners looking to refine their pricing tactics. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

In this week's episode, the conversation unveils a significant shift in the UK's wage landscape over the past 25 years, examining how the minimum wage increase has not proportionally lifted the average wage. We question whether this wage compression is disincentivising workers and stalling motivation across the board, potentially contributing to the nation's lag in productivity growth. Furthermore, the episode highlights strategic insights for both business owners and employees on navigating this challenging economic environment. From enhancing non-monetary incentives to aligning salaries realistically, the discussion offers practical advice to keep ambitions alive and drive organisational success. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

This week we dive into the critical four-step process for generating effective management accounts, shedding light on everything from efficient bookkeeping to taking smart actions derived from these financial insights. The discussion underscores the importance of adapting your financial reports to your business’s evolving needs and leveraging these insights to make informed, strategic decisions. This episode is a must-listen for entrepreneurs ready to harness the power of accurate and strategic management accounts to propel their businesses forward. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

In this engaging episode we dive into the pressing question: is this the end for Google as we know it? We explore the potential downfall of Google's traditional business model in the face of rising AI technologies like ChatGPT and Google Gemini, which are revolutionising how we perceive and interact with search engines. We discuss the critical business implications of AI advancements, debating the sustainability of Google's advertising revenue in this new landscape and the strategies businesses must adopt to remain relevant in an AI-driven future. Tune in to discover the intriguing intersections of technology, business, and happiness that define our modern world. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

In this episode, we lay out the four essential systems that underpin a successful business: marketing, sales, fulfillment, and administration. Each system is dissected to highlight its importance, with practical advice on systemising processes for efficiency and scalability. The conversation touches on the separation of sales and marketing roles, the significance of lead nurturing, and the balance between automation and personalisation. Listeners gain insights into the nuances of systemised service delivery for both product and service-based businesses, stressing the need for quality control and customer feedback loops. Additionally, the episode emphasises the importance of administrative systems like finance, HR, and technology in supporting business operations and ensuring strategic growth. Join Claire and Simon as they provide actionable frameworks and strategies to help business owners enhance their operations, increase profits, and achieve sustainable growth. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

In this episode we wield our 'business chainsaw' and explore strategic ways to legally optimise your business through VAT-saving strategies. Learn about the benefits and intricacies of splitting your business into separate entities to minimise tax liabilities, with real-world examples and expert insights. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

This week, we explore a fascinating strategy employed by Ryanair, Europe's largest airline, renowned for its growth amidst global crises. Discover how CEO Michael O'Leary's unique, contrarian approach to buying aircraft during economic downturns has driven Ryanair's expansion for over three decades. Could this bold, risk-laden strategy be the key to success for small business owners? Learn the critical importance of liquidity and the potential pitfalls of trying to time markets. Claire shares anecdotes and advice on why doing what the majority isn't, could sometimes be the strategy for businesses looking to stay ahead. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

In this episode we explore the intricacies of drawing the most efficient salary as a director from your business. Claire Hancott, a finance director and chartered accountant, explains the key changes impacting director salaries starting from April 2025, including shifts in employer national insurance, employment allowance, and corporation tax rates. Simon and Claire break down various thresholds like the lower earning limit, primary threshold, and secondary threshold, guiding listeners through strategic salary structuring for optimal tax efficiency. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

This weeks episode is an eye-opening discussion on the Apprenticeship Levy, a government scheme that allows small businesses to tap into significant savings on employee training. Claire details how this initiative makes advanced training programs accessible to businesses without hefty costs, explaining how companies can cover only 5% of training expenses, with the government subsidising the rest. This scheme applies widely across various skills and qualifications, transforming perceptions of traditional apprenticeships and offering new avenues for professional development. Whether your company seeks skills enhancement or leadership training, this discussion reveals how this levy can be a game-changer for your business growth strategy. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

If you're striving to balance cash flow with your business's growth, this episode is a must-listen as we dive deep into the dynamics of cash flow versus business growth. We unravel the complexities businesses face in maintaining a steady cash flow while pursuing expansion. Discover practical techniques for mapping marketing and sales funnels, measuring conversion times, and understanding the impact on cash flow cycles. Clare shares her expertise on creating strategic financial plans that align with growth objectives while mitigating risks. Additionally, tune in for a lively chat about the latest industry news and quirky segments on topics ranging from driverless buses in Milton Keynes to the evolving employment rights bill. Don't miss the excitement as we explore ways to enhance your business strategies and achieve sustained financial success. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…

This week, we dive deep into the fascinating world of Mars Corporation and their secret weapon of success – ROTA (Return on Total Assets). Learn how this financial metric has played a crucial role in Mars' growth and discover whether it's something your business should consider implementing. Claire unpacks the intricacies of using ROTA and discusses alternatives that may be more appropriate for smaller enterprises, emphasising the importance of bespoke financial strategies. ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. *The content of this podcast is for entertainment purposes only and does not constitute professional advice.…