Blog
Latest NewsStay informed with the latest insights and tips in bookkeeping and financial management. Our blog provides essential resources to help your business succeed, featuring expert advice on effective financial management practices. Whether you are a small business owner or seeking knowledge, you will find empowering content for your financial decisions.
What a Collapsed Law Firm Can Teach You About Cash Flow
A once-profitable West of England law firm has closed — a reminder that profit is a backward-looking number. This piece breaks down why real law firm cash flow visibility matters more than annual reviews, and how monthly bookkeeping can catch financial drift before it becomes a crisis.
Mid-Year Financial Health Check: EOFY has taken centre stage — Now It’s Time to Plan Ahead
EOFY is complete — but the real opportunity starts now. This month’s newsletter explains why July is the ideal time for a law firm financial health check, and walks through the KPIs that matter most for legal practices: revenue per fee earner, billable utilisation, WIP, debtor days, and trust account compliance. Learn how to compare your business plan to reality, keep cash flow under control ahead of BAS and payroll obligations, and set measurable goals for a stronger second half of the year.
Why Law Firms Struggle with Cash Flow (and How to Fix It)
Even profitable law firms can face cash flow pressure — and the causes are usually predictable. This newsletter unpacks four common reasons legal practices struggle to keep cash moving: lagging billing cycles, late payments, underused retainers, and poor financial visibility. More importantly, it outlines practical, actionable fixes for each. If your firm is feeling the squeeze, this is a timely read.
Why Crowned Bookkeepers Is Shifting Its Focus to Law Firms — And Why That’s Good News for Solicitors
Crowned Bookkeepers has made a deliberate shift — specialising exclusively in bookkeeping for law firms. In this first newsletter, Charlene shares the journey behind that decision, what the SRA Accounts Rules 2019 revealed about the gap between compliance and genuine financial clarity, and why that gap matters for every solicitor managing client money. If your firm deserves more than a tick-box bookkeeping service, this is worth reading.
Spend less time on bookkeeping, more time on the Job
Most tradespeople and startup founders didn’t start their business to spend evenings buried in receipts and spreadsheets. Yet messy bookkeeping quietly drains time, energy, and clarity — leaving you guessing your cash flow and profit instead of using your numbers to make smarter decisions.
Simple ways to improve your cash flow (without increasing sales)
Cash flow issues aren’t always about sales.
They’re usually about systems.
A few small changes can make a big difference—without working longer hours or taking on more clients.
Let’s get your cash flowing more smoothly.
