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oakbookkeepingservices.co.uk  Your local Bookkeeper based in Reading

Another High Street store went into administration this week. For small businesses this is a reminder that we need to have more than one string to our bow. HMV lost out as more and more of us buy online.   

This reminds us we need to be able to sell to more than one market.  For me this means not just doing month end accounts but offering credit control, Tax returns and later this year – Payroll, and offering these to small businesses and sole traders alike.  

Ask yourself these questions. How are you diversifying?  What will you do if your main buyer stops trading?  What are you doing to attract new customers?