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At Traviss & Co we can advise business owners in the Hampshire area on many of the issues you face. Here are some of the possible advantages of opening the books to your staff...
Opening the books to employees is a strategy that has been tried to varying degrees by business owners over the years, and has often proved to be successful in motivating the workforce and improving performance.
Those who have taken this route report a number of benefits:
Not every owner would want to go so far as to reveal everything to the staff, but it might be worth considering at least a little more transparency for your business.
For the strategy to succeed you will need to develop a system of reporting that provides your employees with timely financial information in a form they can work with. We would be happy to help you.
If you are in the Hampshire area and are looking for support and advice from a team of professional accountants and business advisers, contact Traviss & Co.
It’s business as usual, with a few modifications...
We hope that you - our clients, our contacts and our colleagues - continue to keep safe and well in these unprecedented times. We are providing as near-normal service as possible and we can be contacted through all the usual channels.
Our office is being ‘manned’ so you can call us to arrange for records to be dropped off or collected. There are still social distancing and COVID safety restrictions in place so please contact us in advance to make suitable arrangements. All post is being dealt with as normal.
Whilst face to face meetings are still not appropriate just yet, we continue to utilise other communications such as video conferencing, in addition to telephone and email.
To discuss a specific matter or simply to find out more, please get in touch.