Meet Russell Geary FCCA: Your Guide to Business Clarity

1st June 2024

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Russell Geary, one of our directors and a member of the Association of Chartered Certified Accountants (FCCA), is a cornerstone of our client relations. He’s renowned for his approachability and expertise, consistently fielding common yet critical questions from business owners and aspiring entrepreneurs. In the coming weeks, we’re excited to share a series of articles featuring Russell’s insights and answers to these frequently asked questions.

The Multifaceted Role of a Small Business Owner

Running a small business often means wearing multiple hats – from being the finance director to the salesperson, bookkeeper, and beyond. It’s a juggling act where the primary goal is to nurture and grow your business. Russell’s top advice? Engage with an accountant. It’s a move that can transform the way you understand and direct your financial performance.

Top 10 Questions to Ask Your Accountant

To empower you with knowledge, we’ve compiled the ten most crucial questions you should be discussing with your accountant:

  • Choosing the Right Business Structure: What’s the best fit for your vision?
  • Tax Obligations: Which taxes will affect your business, and how can you prepare?
  • Business Financing: What are your options for funding your enterprise?
  • Record-Keeping: Which records are essential for your business’s health?
  • Breakeven Analysis: At what point does your business begin to profit?
  • Cash Flow Management: How can you keep the lifeblood of your business flowing smoothly?
  • The Role of an Accountant: Why is an accountant indispensable to your business?
  • Understanding VAT and Trade-Specific Taxes: What do you need to know about these crucial taxes?
  • Business Valuation: How much is your business truly worth?

We Want to Hear From You

Your feedback is invaluable. If there’s a topic you believe would benefit other business owners, we’re all ears. Let us know, and we could explore it in our upcoming articles. We are always happy to provide insights and answers to frequently asked questions

Personalized Support

For those seeking more personalized guidance, Russell is just a call away. Don’t hesitate to reach out for one-on-one support or book a meeting with him to pave your path to business success.

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