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Join Ian Morgan as he explores the most efficient ways for UK directors and shareholders to pay themselves in 2024/25. This episode covers the basics of dividends, outlines three key strategies for tax-efficient income, and offers crucial advice on managing higher earnings and additional income sources. Whether you’re optimizing salary and dividends or navigating tax complexities, this episode provides actionable insights to help you maximize income while minimizing tax liabilities. Tune in for practical guidance tailored to your financial success.
For more details, visit our website or the MBS Accountants Blog.
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In this episode of our Facebook Live series, Ian Morgan dives into the essentials of "Effective Expense Tracking" for business owners. Learn why keeping detailed and accurate records is crucial, discover the best tools and apps for tracking expenses, and understand how to categorize your expenses correctly for HMRC compliance. Whether you're a seasoned entrepreneur or just starting out, this session provides practical tips to help you maintain your business's financial health and stay compliant with tax regulations. Tune in for actionable insights and keep your business thriving!
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We hope you enjoyed this episode
You can find out more about us using the links below
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In this bonus episode, we reflect on
RANK 16: A Journey to Outstanding with Sonia Gill of Heads Up
Delving into powerful lessons on navigating difficult conversations and adapting business strategies in times of crisis. Join us as we unpack insights into leadership, adaptability, and achieving goals amid challenges.
**1. Mastering Difficult Conversations
**2. Adapting Business Strategies in Crisis
**3. Leadership and Adaptabilit
Ready to glean insights on navigating difficult conversations, adapting to unforeseen challenges, and honing leadership skills in times of crisis?
Tune in, share your thoughts using #mbsaccountants and #theleakybucketpodcast, and let's build better businesses together!
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We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
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We are back tracking our Interview Episodes and share some insights from there. This one is from:
RANK 12: How to Prepare a Business for Exit with Darryl Bates - Brownsword of Succession Plus
Ready to dive in? Key topics discussed are:
1. Structuring Your Business for Success
2. Strategic Planning for Business and Exit
3. Thinking Time and Implementation Challenges
Ready to revolutionise your business structure, strategic planning, and exit strategies?
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We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
Ian's LinkedIn Account
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We are back tracking our Interview Episodes and share some insights from there. This one is from:
TOP 5: Designing a Plan for Success with Jess Williams of Designs in the Shires
Join us as we navigate the challenges highlighted and discuss pivotal solutions for overwhelmed business owners.
1. Balancing Time and Money in Business Growth
2. Addressing the Root Cause: Pricing Strategy
3. Creating a Sustainable Business Model
Tune in for a thought-provoking discussion on balancing success, pricing pitfalls, and creating sustainable business models.
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We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
Ian's LinkedIn Account
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Hey there, business enthusiasts! 🎙️
We are back tracking our Interview Episodes and share some insights from there. This one is from
In this bonus episode, we dive into three crucial topics that can transform the way you approach your business.
Let's break it down!
1. Fearlessness in Business
2. Financial Control, Clarity, and Freedom
3. Delivering Valuable Outcomes
Join us in this insightful episode where we explore fearlessness, financial empowerment, and delivering outcomes that truly matter for your business. 🚀
Don't forget to share your fearless moments using #mbsaccountants and #theleakybucketpodcast! 🎧
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Robin Waite is a highly sought-after speaker and coach, with a reputation for delivering engaging and inspiring presentations that leave a lasting impact on his audiences.
His talks are filled with practical advice and real-life examples, and he is known for his ability to connect with people from all walks of life.
His engaging and interactive presentations have inspired and motivated audiences worldwide, and his practical and actionable advice has helped countless individuals and businesses SUCCEED.
TODAY WE DISCUSS HIS STRUGGLES AS A STARTING BUSINESS OWNER TO COACHING OTHERS TO BE FEARLESS IN THEIR BUSINESS!
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If you like to learn more on what ROBIN do, head on to his socials:
Website
LinkedIn
Support the show
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You can find out more about us using the links below
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Welcome to Episode 1 of The Leaky Bucket Podcast.
In this introductory episode, I gave a fascinating glimpse into why I am so passionate about helping secretly struggling entrepreneurs.
I'll explain the title of the podcast; why I understand what it is like to have holes in the finances of my own business; and what to expect in future episodes of The Leaky Bucket podcast.
Support the show
We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
Ian's LinkedIn Account
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James Ashford works exclusively with leading firms of accountants from around the world, helping them to become more profitable and to systemise their firms so they can deliver maximum value and incredible experiences to their clients.
James is the founder of http://GoProposal.com, bestselling author of “Selling to Serve” and Director at My Accountancy Place. He is a sales and marketing expert, helping firms to scale their practice by giving more value to existing clients and converting new prospects at a higher rate for higher fees.
He does this through challenging outdated pricing methods and mindsets, implementing powerful pricing and proposal systems and leveraging entire firms to sell more through consultative sales techniques.
HE TALKED ABOUT HOW HE ACHIEVED HIS SO-CALLED "OVERNIGHT SUCCESS" THAT TOOK YEARS TO CREATE.
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If you like to learn more on what JAMES ASHFORD do, head on to his socials:
Youtube Channel
LinkedIn
Support the show
We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
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Welcome to Episode 2 of The Leaky Bucket Podcast.
In this episode, I talked about how secretly struggling
entrepreneurs can develop their mindset to help change things for the better.
I'll explain how changing one's mindset can form the foundation of success; why the five people you surround yourself with can help cultivate a spirit of positive growth; and why sometimes it is best to switch off from consistently negative news.
Support the show
We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
Ian's LinkedIn Account
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From the publisher's feed
Most service businesses are leaking profit — through costs they've stopped questioning, margins they've never properly tested, clients they've quietly lost, and revenue they've never asked…
The Leaky Bucket is the show where we open a real business file and find out exactly where the money is going.
Each episode, Ian Morgan — Group CEO of MBS Accountants — works live through the finances of a real service business scenario. One company. Four sessions.
Costs, margins, churn, average order value. Every leak identified. Running total revealed.
No theory. No frameworks. Just numbers — and what they tell you when someone actually looks.
If you're running a service business turning over £500k to £10m and your accountant has never shown you this, this show is for you.
The numbers always reveal the leak.