The Leaky Bucket
Welcome to The Leaky Bucket Podcast Hosted by Ian Morgan Welcome to The Leaky Bucket Podcast, your go-to source for essential accounting tips and tricks tailored for entrepreneurs and business owners. Hosted by Ian Morgan, an accountant and business owner with over 15 years of experience, this podcast is designed to help you improve your financial controls and gain the financial clarity you need to succeed. Ian brings his wealth of knowledge and practical insights to demystify accounting, making it engaging and accessible. Whether you’re just starting out or looking to refine your financial strategies, The Leaky Bucket Podcast delivers real, actionable advice that you can implement immediately. Say goodbye to the boring side of accounting and hello to a deeper understanding of the language of business. Tune in and let’s plug those financial leaks together!
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In this episode of The Leaky Bucket Podcast, host Ian Morgan dives into why strategic planning is essential for business growth and sustainability. Learn how a Virtual CFO goes beyond traditional accounting to help craft a long-term financial roadmap that aligns with your business goals. From budget monitoring to cash
In this timely episode of The Leaky Bucket Podcast, Ian Morgan breaks down the key announcements from the recent Labour Party budget and their implications for business owners. With changes like the employer’s NI increase, lower threshold, and a hike in the National Minimum Wage, Ian explains why strategic plans and bu
In this first episode of The Leaky Bucket Podcast we dive into the power of a Virtual CFO and why it’s a game-changer for growing businesses. Whether you’re a business owner with a turnover between £1m and £10m or just looking to understand the benefits of strategic financial leadership, this episode is for you. I, Ian
In this episode, we explore the critical importance of investing in your finance function and how it can make or break your business. We discuss why allocating 1.5-2.5% of your turnover to financial management—including bookkeeping, reporting, cash flow, and tax compliance—can significantly impact growth and profitabi
Top 10 Things Business Owners Should Look for in Clear, Easy-to-Understand Management Accounts
In this episode, we dive into the top 10 things every business owner should know when it comes to making sense of their management accounts. These reports are key to understanding the financial health and performance of your business, but often they can feel overwhelming or unclear. We’ll break down: •The importance of
In this episode, we explore the pros and cons of putting a company car through your business. We focus on two main types of vehicles: commercial vehicles and electric vehicles (EVs). Key Points: •Commercial Vehicles: •Offer significant tax benefits, including full tax deductions and VAT recovery (if VAT-registered). •T