The Leaky Bucket

A commercial HVAC contractor had been in business for 12 years. £1.4 million turnover. £128,000 net profit — about 9p in every pound. Their accountant said the accounts looked fine.In this episode, Ian works through the full Chaos to Clarity process live — four sessions covering costs, margins and pricing, client retention, and average order value.What they found across those four sessions: £119,805 in profit improvement. Nearly matching the entire net profit the business made last year. Without adding a single new client.Some of the highlights: a software subscription last logged into in November 2023 still billing every month; a restaurant ordering tool running silently on an HVAC firm's bank account; the same drill purchased four times in twelve months; and a sales director with an 81% win rate who had been discounting almost every quote for years — with no data showing the discounts were doing anything.If you've ever wondered what a fresh set of eyes on your numbers might find, this episode shows exactly how that process works.———Try the free Profit Gap Tool — 4 minutes, personalised to your business:https://tool.mbsaccountants.co.ukBook a free Profit Discovery Call with Jason:https://api.leadconnectorhq.com/widget/booking/OewmVBzuokPTISNYtRauMBS Accountants · Gloucester · mbsaccountants.co.ukSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Apex Creative Agency turns over £1.1 million and made £118,000 profit last year. Their accountant told them that was fine.In this episode Ian works through their numbers live across four sessions — a costs audit, margins and pricing review, churn and retention analysis, and average order value mapping — and identifies £138,632 of additional profit available to the business. No new clients required. No redundancies. Just a proper look at what the numbers were already saying.What gets found: an office lease for 30 people when there are 5 in the team. Software being paid for that nobody uses. A broadband contract sitting on 2020 rates. A pricing discount that's been given on every single pitch without ever being questioned. Eight years of retainer clients with no price increase. Four clients who left quietly — and nobody ever picked up the phone.This is based on real client scenarios from our work with service businesses.If this sounds like your business, try the free Profit Gap Tool at tool.mbsaccountants.co.uk. It takes around five minutes and shows you where your profit is leaking. If what you find makes you want to go deeper, book a free call with Jason, our Head of Growth — and if it makes sense, we'll do a full Chaos to Clarity session together with a complete money-back guarantee.The numbers always reveal the leak.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 flow forecasting, discover how forward-thinking financial strategies can turn your business from reactive to proactive. Don’t miss this foundational episode on setting your business up for success!Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 budgets need to adapt. Learn why this budget might lead to price increases and job losses, and how you can prepare your business for these shifts. This is essential listening for staying ahead of the curve.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 Morgan, founder of MBS Accountants, break down exactly what a Virtual CFO does, the key areas they help manage—like cash flow forecasting, budgeting, and strategic planning—and how they can drive your business towards sustained growth and profitability. Tune in to find out how a Virtual CFO can free you up to focus on what you do best while ensuring your finances are handled by an expert.Ready to learn more? Listen now, and don’t forget to subscribe for upcoming episodes where we’ll explore more insights on how a Virtual CFO can transform your businessSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 profitability. Through real-world examples from businesses that faced major financial challenges due to underfunding their finance departments, we illustrate the tangible benefits of proper financial oversight. From resolving VAT issues and correcting bookkeeping errors to saving thousands in tax liabilities, this episode shows why your finance function is essential to success. Don’t wait until it’s too late—learn how to invest wisely and secure the future of your business.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 accuracy and timely reporting•Why cash flow statements and profit and loss overviews are crucial tools for decision-making•How to leverage KPIs, trend analysis, and variance reporting to steer your business in the right direction•Why clear balance sheets, segmental reporting, and user-friendly formats can make all the differenceWhether you’re running a growing company or just want to understand your numbers better, this episode will help you simplify your financial reporting and make better, data-driven decisions for your business.Tune in for actionable tips and insights that will transform how you view your accounts and help you drive your business forward with confidence!Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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).•Typically exempt from Benefit-in-Kind (BIK) tax if used exclusively for business.•Electric Vehicles:•Benefit from lower BIK tax rates due to their low emissions.•Eligible for government grants and 100% first-year capital allowances.•Lower running and maintenance costs compared to traditional fuel vehicles.•Enhance your business’s green credentials.Considerations:•Personal use of company cars can lead to additional taxes (BIK).•Weigh the cost vs. benefit of owning the car through your business versus personal purchase.•Choose the right vehicle based on your business needs.This episode helps business owners make informed decisions about whether putting a vehicle through the company is the right move, especially with the rise of commercial and electric vehicles.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

In this episode, we delve into the crucial topic of choosing the optimal business structure for tax efficiency. We’ll compare and contrast four main types of business structures: sole trader, partnership, Limited Liability Partnership (LLP), and limited company. Here’s what you’ll learn:1.Sole Trader:•Pros: Simplicity and full control.•Cons: Unlimited liability and higher personal income tax rates.2.Partnership:•Pros: Shared responsibility and relatively easy setup.•Cons: Unlimited liability for partners and personal income tax on profits.3.Limited Liability Partnership (LLP):•Pros: Limited liability and tax flexibility.•Cons: More complex to set up and partners still pay personal income tax on profits.4.Limited Company:•Pros: Limited liability, lower corporation tax rates, and tax-efficient profit extraction through dividends.•Cons: More regulatory requirements and administrative costs.We’ll guide you through the pros and cons of each structure, focusing on their tax implications and helping you make an informed decision based on your business’s profit levels, liability concerns, and administrative capacity. Tune in to learn which business structure could save you money and protect your assets while aligning with your long-term business goals.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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!Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

In this bonus episode, we reflect on RANK 16: A Journey to Outstanding with Sonia Gill of Heads UpDelving 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 ConversationsAddressing Uncomfortable TruthsAvoiding Common PitfallsEmpowering Through Solutions**2. Adapting Business Strategies in CrisisPandemic-Induced ChallengeInnovation Amid ChaosStrategic Decision-Making**3. Leadership and AdaptabilitLeadership Under PressureContinuous ImprovementAchieving Goals Amid TurmoilReady 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! Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 PlusReady to dive in? Key topics discussed are:1. Structuring Your Business for Success🏗️ Unlocking Success🔄 Reduced Owner Reliance📈 Multiplying Exit Potential2. Strategic Planning for Business and Exit📝 Plan Like a Pro🚧 Overcome Obstacles🔄 Outcome-Focused Planning3. Thinking Time and Implementation Challenges⏰ Time for Thought🔄 Implementing Strategies🚀 Breakthrough MomentsReady to revolutionise your business structure, strategic planning, and exit strategies? Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 GrowthThe Overwhelm DilemmaPricing PitfallsNavigating Success2. Addressing the Root Cause: Pricing StrategyRoot Cause AnalysisShift in Pricing ParadigmEffective Communication3. Creating a Sustainable Business ModelBeyond Fear-Based PricingPersonal ExperienceTaking ControlTune in for a thought-provoking discussion on balancing success, pricing pitfalls, and creating sustainable business models. Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Hey there, business enthusiasts! 🎙️ We are back tracking our Interview Episodes and share some insights from there. This one is from TOP 1: Are you Fearless in Business? with Robin Waite The Fearless Business CoachIn 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 Business2. Financial Control, Clarity, and Freedom3. Delivering Valuable OutcomesJoin 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! 🎧Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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!-----------------------------------------------If you like to learn more on what ROBIN do, head on to his socials:WebsiteLinkedInSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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 showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

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.-----------------------------------------------------If you like to learn more on what JAMES ASHFORD do, head on to his socials: Youtube ChannelLinkedIn Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 2 of The Leaky Bucket Podcast.In this episode, I talked about how secretly strugglingentrepreneurs 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 showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 7 of The Leaky Bucket Podcast.In this episode, I am with a special guest Jess Williams about how she managed to implement a positive transformation within her secretly struggling business, Design in the Shires .We hear Jess explain how herself and her partner, Ben, were thrown in at the deep end without a true understanding of vital business processes; what led them to seek a way to change their company; and how they've managed to go from working in the business to working on it.Enjoy Listening and may your Business KEEP THRIVING!-Ian Morgan-------------------------------------- To get in touch with Design in the Shires, find them here: LinkedInWebsite InstagramFacebookTwitter To get in touch, please find us online here:Want to know your Business Financial Health? Check this Score Card out!Ian Morgan LinkedIn AccountMBS Accountants WebsiteMBS Accountants Youtube Channel to watch the Video of the EpisodeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 10 of the Leaky Bucket podcast.In this episode, I continue to explain how to carry out effective strategic and financial planning.I went through the eight steps of creating the company budget and financial plan; go into depth about why it's so important to cultivate your mindset for long-lasting success; and discuss how your personal circumstances and goals can affect the financials of the business.Enjoy Listening and may your Business KEEP THRIVING!-Ian Morgan--------------------------------------To get in touch, please find us online here:Want to know your Business Financial Health? Check this Score Card out!Ian Morgan LinkedIn AccountMBS Accountants WebsiteMBS Accountants Youtube Channel to watch the Video of the EpisodeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 5 of The Leaky Bucket Podcast.Here I discussed about how secretly strugglingentrepreneurs can plug the leaks in their businesses.I touched the definition of plugging the leaks, and how it can be a vital step to help the financial health of the business. I'll take you through the step-by-step process that can save both time and money; and why it could make the difference by adding 10% to your bottom line.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 3 of The Leaky Bucket Podcast.I talk about how secretly struggling entrepreneurs need to view sales and value propositions.I explained how to transition from the initial start-up phase of sales into a more targeted and effective one for a growing company; I gave a helpful example from a real-life company of how this was put into practice; and how this can be beneficial in your journey to financial freedom.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 6 of The Leaky Bucket Podcast.In this episode, I will take us behind the scenes in our own business to share a recent situation that could have caused a huge issue - but didn't.You'll hear me explain the story behind an employee deciding to leave, throwing a spanner in the works; how we managed to prevent an emotional reaction - all while still being able to healthily vent our frustrations; and how we turned a potential catastrophe into a wonderful opportunity.Enjoy Listening and may your Business KEEP THRIVING!-Ian Morgan-------------------------------------- To get in touch, please find us online here:Want to know your Business Financial Health? Check this Score Card out!Ian Morgan LinkedIn AccountMBS Accountants WebsiteMBS Accountants Youtube Channel to watch the Video of the EpisodeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 9 of the Leaky Bucket podcast.In this episode, I talked about the importance of strategic planning for secretly struggling entrepreneurs.I explained why having a clean, clear cut plan for your business is vital - and how it should fit on one or two sides of A4 paper; determining your personal goal and how to work towards it; and challenging your beliefs with a SWOT test for every crucial area.Enjoy Listening and may your Business KEEP THRIVING!-Ian Morgan--------------------------------------To get in touch, please find us online here:Want to know your Business Financial Health? Check this Score Card out!Ian Morgan LinkedIn AccountMBS Accountants WebsiteMBS Accountants Youtube Channel to watch the Video of the EpisodeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Hi there, and welcome to another exciting episode of the Leaky Bucket Podcast!Today, we have a very special guest with us, Laura Evans from SISU Pancakes, based in Cheltenham.Now, let me tell you, trying to describe SISU Pancakes is like trying to explain a deliciously unique blend of a pancake and a cake - it's simply something you have to experience for yourself!In this episode, Laura shares her incredible #journey and the #challenges she faced in her childhood that ultimately shaped her into the strong, determined individual she is today. We'll also delve into her career outside of business and how it influenced the qualities she brings into her #entrepreneurial endeavors.One of the most inspiring aspects of Laura's story is how she persevered through failure after failure until one mistake turned into a catalyst for #success. We'll explore the mindset and values that drove her to keep pushing forward, even when the going got tough.Laura's outlook on life is truly remarkable. She believes that success is not a destination, but a continuous journey, and she's purposeful in the way she lives her life. She's a true example of someone who has found #happiness and #fulfillment by making conscious decisions and prioritising what truly matters to her.So, if you're ready for an #uplifting and #motivating conversation with an incredible entrepreneur, then don't wait any longer!You won't want to miss it! #theleakybucket #podcast #financialpodcast #businessguidepodcast #sisupancakes #chentelham #businessIf you like to learn more on what Adrian and Ben do, head on to their business' socials:WebsiteLinkedInInstagramFacebookSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Darryl is a dynamic, driven Business Consultant and Coach with over 20 years of experience and passion for creating successful outcomes for founder-led businesses. He is a great connector, team builder, problem solver, and inspirer — showing the way through complexity to simplicity. Darryl together with his team raise awareness of the fact that as a business owner, if you want to get the most from your life’s work and exit on your terms, then you need to prepare for exit and make your business attractive for a buyer. The problem that occurs when this doesn’t happen is that;· Only 10-40 % of businesses that go to market actually get sold!· And, of those that do get sold, the deal is structured in a way that means the owners have to work through an ‘earn out’ period to realise full valuation.· And more that 50% of these earnouts don’t get completed either because the goal posts are moved, or the owners have run out of energy.This can be avoided if your business is exit ready, de-risking the deal for both the owners and the buyers.In this Episode Darryl generously gives his expertise in Preparing a Business for an Exit. -----------------------------------------------If you like to learn more on what DARRYL do, head on to his socials:WebsiteLinkedInSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 8 of The Leaky Bucket Podcast.In this episode, I talked about how secretly strugglingentrepreneurs can get a better grasp of the numbers behind their marketing.I explained how an incredible set of numbers from Google - 70, 10 and 2 - could prove the key to transforming your marketing; how to reverse engineer the entire process for success; and why setting your stall out clearly to potential customers is vital in order to clarify your marketing message.Enjoy Listening and may your Business KEEP THRIVING!-Ian Morgan--------------------------------------To get in touch, please find us online here:Want to know your Business Financial Health? Check this Score Card out!Ian Morgan LinkedIn AccountMBS Accountants WebsiteMBS Accountants Youtube Channel to watch the Video of the EpisodeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to Episode 4 of The Leaky Bucket Podcast.In this Episode, I tackled about how secretly strugglingentrepreneurs may have set their businesses up to fail.I explained, through the real-life example of Jess and Ben - who run a design agency - how their business wasn't set up to thrive; how they managed to reframe the way they viewed their work and potential clients; and the benefits that these changes brought about within their business and personal lives.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Dan Bradbury is the owner of a private equity group and his primary focus is as an investor who specialises in taking companies already producing multiple six figures in revenue and accelerates their growth to over £10 million.  His love of numbers and finances is what sets him apart and allows him to find the hidden assets and weaknesses within the businesses that he invests in and the business owners that he consults.  He started out with nothing and built himself up from the ground up.  Dan’s specialty is maximising the value of a business, whether it be simply to keep the business and reap the rewards or to exit the business for a big payout he has done on seven different occasions.    ----------------------------------------------- If you like to learn more on what DAN do, head on to his socials: Website LinkedIn YoutubeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

I and Sonia talked about how she lead her business and her clients' to go on a Journey to Outstanding.Sonia is the Director of Heads Up Limited and they specialise moving primary schools to outstanding by developing an outstanding school culture. She's a qualified teacher, business leader, author, and leadership coach.Heads Up supported hundreds of heads and senior school leaders move their school toward outstanding, creating the school they’ve dreamt of leading but haven’t achieved yet.Creating a compelling vision.Having successful difficult conversations.Developing your team’s skills quickly.She's the Author of the Methodologies ‘Journey to Outstanding’ and 'Successful Difficult Conversation in School' to equip school leadership teams with these skills so they can create a lasting and outstanding culture which you can see at www.ukheadsup.com.Heads Up's mission is to make every Primary school in the UK outstanding, yes in terms of Ofsted but also in being centres of excellence in all of our communities.-----------------------------------------------------If you like to learn more on what SONIA GILL & HEADS UP do, head on to their socials:Heads Up WebsiteSonia's LinkedInEmail them at [email protected] the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

An exclusive Interview with Nick Burne . Who's the founder of GIVE PANEL and they help Non-profits with online fundraising specifically via social platforms, such as Facebook.Currently, business size is roughly  just over 2 million Annual Recurring Revenue, roughly 30 plus people in the team, and that are helping roughly over 400 clients and Nick manage to achieve all this in a little over 3 years.I had the chance to talk with Nick about his experience bootstrapping his business, and he shared some great insights into what he learned along the way. He also pointed out the greatest lesson he learned while starting out.And that's why we're so excited to share this interview with you today!Enjoy Listening and may your Business KEEP THRIVING!-Ian Morgan--------------------------------------To Find Out more about Givepanel, Explore their Socials:FacebookLinkedInTwitterGivepanel Website To get in touch, please find us online here:Want to know your Business Financial Health? Check this Score Card out!Ian Morgan LinkedIn AccountMBS Accountants WebsiteMBS Accountants Youtube Channel to watch the Video of the EpisodeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

I've been blown by the Impact this Episode made to me. Per and I talked about how to effectively and successfully increase prices while still keeping the customers happy. Per, aka “The Price Whisperer”, is a thought leader and author in everything pricing and how companies can use pricing to drive higher growth, sales volume, and profits. He is a sought-after speaker for various conferences, appears regularly on podcasts and business radio shows, and gets routinely quoted in the financial and business press.-----------------------------------------------If you like to learn more on what PER SJOFORS do, head on to his socials:WebsiteLinkedInYoutube Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to the Leaky Bucket Podcast, Season Three! In this season, we're taking a closer look at the truth behind entrepreneurship by providing a behind-the-scenes perspective on the challenges and triumphs of business owners, including our own business, MBS Accountants.In this first episode of Season Three, Episode 38, titled "Mastering the Future," we're giving you an inside look at the strategic planning process that we use here at MBS Accountants. We'll be taking a trip down memory lane, looking at how things were before strategic planning and the incredible benefits it has brought to our business.We'll also dive into the first strategic planning session and how it was a complete mess and the evolution of the process over time. Additionally, you'll get to hear from one of our team members (Olivia) on their thoughts about strategic planning and how it has impacted their work.This is an episode you won't want to miss, filled with behind-the-scenes insights and insider knowledge about MBS Accountants' strategic planning process. So sit back, relax, and enjoy this exclusive peek into the world of MBS Accountants.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

 Sean Tyler Foley is an accomplished film and stage performer and has been acting in film and television since he was 6 years old after his father passed away suddenly in a motor vehicle accident. He has appeared in productions including Freddy Vs Jason, Door to Door, Carrie, and the musical Ragtime. Tyler is passionate about helping others confidently take the stage and impact an audience with their stories. He is currently the Managing Director of Total Buy In and author of the #1 best-selling book The Power to Speak Naked.Tyler is a father, husband, son, and performer, in that order. Some days he feels like he has dabbled in every industry on the planet, from oil and gas, to aviation, to film and television, but that diverse experience is what has made him so versatile!Regardless of the industry or the titles he has held, what they all had in common was promoting and encouraging people to be heard and understood. The skills and resources he has garnered along the way have enabled him to become an entertaining professional speaker and a knowledgeable trainer, who inspires others to reach for their dreams.Today, Tyler works with executives and CEOs, helping them show up powerfully behind the mic to gain the exposure they need. Tyler is also a veteran podcast guest with over 300 appearances on episodes with topics ranging from leadership, safety, to overcoming adversity. With his distinct and direct style, Tyler is emerging as one of North America's sought-after leaders in the field of public speaking for personal and professional development and would welcome the opportunity to be on your show and discuss the lessons he has learned and the grace he has discovered in each event of his life!------------------If you like to learn more on what Tyler Foley do, head on to his socials: WebsiteFacebookLinkedInInstagramYoutubeor toOngoing weekly trainings to help you rapidly accelerate your ability to get your message heard and inspire your clients to buy your books and services.Insider (and a bit eccentric) speaking secrets to attracting your dream clients on stage, virtually, podcasting and anywhere your audience gathers.  Gather ideas, wisdom and information on how to powerfully bring your book and speaking to the next level, regardless of your message.  ~ Exclusive Member Benefit ~ "Drop The Mic" A free self-paced online training giving you little known behind the scenes speaker tips and strategies to help you radically increase your speaking opportunities.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

John Williams the CEO of Ads Grow Business -  a digital marketing agency that specifically gears towards the carpet cleaning industry.Was able to built this business from the ground up and in the last 3 - 4 years have grown it to multi client, multi employee business with offices worldwide.John and I have discussed how he managed to learn everything on his own, and grow his own company from just himself and just his room. How his toxic working environment influenced him to grow to where he is now.-----------------------------------------------If you like to learn more on what JOHN do, head on to his socials:WebsiteLinkedInYoutubeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

From a Simple Donut Vendor in his Father's Donut Shop to an Outstanding and Multi-Awarded Business Man.He is Nikita Tsoukales, who's a certified serial entrepreneur with 3 x INC 5000 awards, recognizing his ventures on the list of the fastest growing private companies in the US. He loves helping businesses grow very, very quickly.He's currently the CEO of RealTop, a digital marketing agency based in Boston, Massachusetts, helping some of the fastest growing private companies in North America scale like crazy using digital advertising platforms like Google, Microsoft, Facebook, Instagram, and TikTok. -----------------------------------------------If you like to learn more on what NIKITAS do, head on to his socials:WebsiteLinkedIn YoutubeSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

ENTREPRENEUR, COACH, BESTSELLING AUTHOR, AND PODCASTER. Gary loves marketing, sales, and entrepreneurship, he runs several businesses. He lives up to his brand of being PRO, doing his best in his areas of interest ranging from mortgages to public speaking and digital marketing.CEO of Active Financial & Active Network | Business Coach At PRO Academy | On A Mission To Develop #Active100 - 100 Advisers Earning £100k Personally.If you like to learn more about what Gary Das does, head on to his socials: LinkedInTwitterWebsiteSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Join us as we explore the world of effective recruitment strategies and successful onboarding in building a winning team, with insights from the experts at MBS Accountants.Introduction to the importance of effective recruitment strategies and successful onboarding in building a winning teamDiscussion on the various techniques used by MBS Accountants for effective recruitment strategies, including job postings and social media outreachInsights on the importance of values and personality fit, in addition to qualifications and experience, when recruiting candidatesOverview of MBS Accountants' successful onboarding process and clear understanding of company culture and expectationsAdvice for other businesses on how to improve their recruitment and onboarding strategies, including the importance of clear expectations, tools and resources for success, and a warm welcome for new employeesConclusion on the importance of effective recruitment strategies and successful onboarding in building a winning team and how MBS Accountants is leading the way in this area.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Listen as Adam shares his fight against  Obesity, Depression and Alcohol that Made him a Great Mindset Coach.Adam specialises in looking at where you’re at, where you want to go and what’s standing in your way. Once you identify that, you can create new techniques to unlock your potential and live a more purposeful life.He’s a qualified life coach and knowledge broker so he can help unlock your biggest fears, self doubts and earliest memories to create a more compelling future for you.He teaches people how to develop a better morning routine and healthier habits. Having struggled with depression and overcoming suicidal thoughts, he has a great level of empathy and understanding around mental health.-----------------------------------------------If you like to learn more on what ADAM do, head on to his socials:Website LinkedInSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Irina is a SAAS founder and a business consultant who specializes in Operations and Processes Optimization. Irina has  over 8 years of experience in eCommerce with its different challenges and obstacles, from running a fulfilment center in China where she was living for over 2 years to launching her own software TrackMage.TrackMage allows eCommerce stores to have 5-10% extra sales by simplifying the customer experience. It allows them to track their products on the platform and do the upsell then automatic follow-ups for reviews.IN THIS EPISODE WE TALKED ABOUT HOW A BUSINESS OWNER COULD BE A MASTER DELEGATOR TOO.-------------------------------------------------------If you like to learn more on what Irina Poddubnaia do, head on to her socials: Irina's LinkedinTrackMage Linkedinor go to:To access Free E-book "How To Make 5-10% Extra Sales On Autopilot Without Increasing Your Ad Spend Or Hiring More Staff"Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Matthew Hughes is the King of Video.In 2013 he started his video company that he ran for 7 years creating video and travelling the world, with clients from one man bands through to billion dollar companies.Fast forward to 2019 and he created the King of Video brand to help small business owners confidently, create, consistent video content that connects with their audience.In 2021 Matt turned his focus to YouTube and has the goal of getting 1000 small businesses to 1000 subscribers using YouTube as the primary platform to grow their business and make money by strategically creating video content.And today he shares about the struggles and the advantages that he and his wife go through in running their Youtube/Video Business.-----------------------------------------------If you like to learn more on what MATT do, head on to his socials:Website LinkedInSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Dr. Vic is a Business Mindset Coach, Certified Pediatric Chiropractor, 3x Author, Podcaster and Speaker.He is the author of 3 books, with the most recent one being, "Decoding The Matrix: Powerful Tips for Unleashing Your Potential and Accelerating Your Spiritual Awakening"Dr. Vic has helped 100s of entrepreneurs learn how to create their dream life and lead a fulfilled life effortlessly through sharing principles of living in the Quantum world.Today, we talked about his expertise and how to align this 2 seemingly very different world together.-----------------------------------------------If you like to learn more on what VICTOR do, head on to his socials:WebsiteLinkedInEmpower your RealitySupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

James Bishop is the founder of One Fine Play.He's one of the leading voices in podcasting. James is a bit of an entrepreneur at heart. Prior to one fine play, James founded a bar staff hire Agency, HIRE BARMAN back in 2009 before he exited in 2014.Then went on and spent 12 months making sports documentaries and also spent five years volunteering at Young Enterprise UK mentoring lots of young people.Today, James will make you ask yourself: Is your life on track, or just running in circles? Are you Leading an Intentional Life?-----------------------------------------------If you like to learn more on what JAMES do, head on to his socials:Website LinkedInSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Jeremy Hurewitz has forged a unique career at the crossroads of sales, intelligence, and international journalism which has led to the creation of Sell Like a Spy - business development lessons and communication strategies from the world of espionage. He teaches executive clients and conference audiences how to leverage spy tradecraft into their salesmanship and their everyday lives to connect more deeply with others and overcome challenges. -----------------------------------------------If you like to learn more on what JEREMY do, head on to his socials:Website LinkedInSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

**Banks have the ability to freeze your account**Credit cards can face system failuresIn the premiere episode of Season 4 of THE LEAKY BUCKET PODCAST, Sam and I primarily delved into a leak experienced by one of our clients: Business Credit Card System Error and how it left the client obviously with a significant number of issues.Here's what you can do to diversify the risks and mitigate further leaks.To achieve less risk, less stress, more success to your business and your personal life.Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

Welcome to the latest episode of the Leaky Bucket Podcast! Join Ian as he unveils the secrets to gaining financial control and harnessing its power for your business. Discover the game-changing impact of up-to-date and accurate financial information. Financial control is not just about knowing where the money is; it's a dynamic tool for smarter decision-making.Say goodbye to viewing bookkeeping as a dull chore. Financial control brings clarity, empowering you to navigate challenges like a pro.Remember why you started your business? Financial control keeps that passion alive by ensuring your profits are soaring high.With accurate and timely financial information, make proactive choices and stay ahead of the game. Join us on a transformative journey toward financial control. Overcome common struggles, manage multiple income sources and expenses, and thrive. Embrace financial control as your trusted ally for informed decision-making and remarkable outcomes.#FinancialControl#EmpowerYourBusiness #SmartDecisionMaking #Profitability #FinancialClarity #StayAhead #TransformativeJourney #UserFriendlyAccounting #ManageExpenses #Thrive #MakeItCountSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

So today, we have with us Ben Cuncarr and Adrian Wilkinson from AVENSURE HR.Now, AVENSURE is an HR service and product that's designed for small businesses. And if you don't know, there were some massive changes to HR in 2020, but they sort of went a bit under the radar because obviously, we had this little thing called Covid.But those changes mean that if you haven't updated your policies since then, the chances are you are probably pretty much higher date in terms of your policies and procedures.And we also delve into the fact that if you are an employer and you don't have any policies or procedures or anything in place, you're just opening yourselves up to #RISK that you really don't need.BEEN THERE, DONE IT.We once ended up in a situation where there was a disagreement, but we lacked a degree of policies and procedures to back ourselves up in terms of what we were gonna be able to do to rectify the situation.So, Really delve in today and just get under the fact of HR is not a "reactionary" service. Ben highlights this within the interview as well.It shouldn't be a reactionary #service. It should be something that you build into your business every day to reduce the risk profile of your business so you don't end up exposed unnecessarily.If you like to learn more on what Adrian and Ben do, head on to their business' socials:WebsiteLinkedInYoutubeFacebookSupport the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

The Journey of Finding My Passion in Life after a Suicide Attempt-Kevin PalmieriKevin is the CFO, Founder & Co-Host of Next Level University, a Global Top 100 Self-Improvement podcast with more than 1100 episodes reaching over 675,000 people in more than 140 countries.He believe in a heart driven, but no BS approach to holistic self-improvement and teaching others how to get to the next level of their lives!-----------------------------------------------If you like to learn more on what KEVIN do, head on to his socials:Next Level UniversityWebsiteLinkedInYoutube Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website

An interview with America’s only Chief Results Officer® - Blaine OelkersHe’s always loved to help people get results and he knows which habits bring success and results, how to create them instantly and stick with them for a lifetime.  - A leading authority in Personal Implementation & Consistency- Habit Master with documented streak of 1453 days in a row and counting!- A TEDx Speaker with over 190,000 views- A LinkedIn Top Connector – over 25,000 first level connections (1.7 Million 2nd level, 786 Million 3rd level)- Lifetime Work-from-Home Entrepreneur- Graduate of Purdue University & Stanford University’s Social Entrepreneurship Program- Co-Authored of 3 Books & frequent podcast guest- Oversees over 20,000 weekly personal implementation check-ins per yearWatch Blaine's TEDx talk and learn one simple and elegant results technique which activates your mind with your top goal over 100 times a day!https://blainetedx.com/-----------------------------------------------If you like to learn more on what BLAINE do, head on to his socials:WebsiteLinkedInFacebook Support the showWe hope you enjoyed this episodeYou can find out more about us using the links belowKnow your Business Financial Health? Check this Score CardIan's LinkedIn AccountThe Leaky Bucket Youtube ChannelMBS Accountants Website