Updates & news

PurpleAccounts is talent spotting! - 05/01/10

PURPLEACCOUNTS is looking for service driven accountants to join our growing team. You should be a minimum of CAT qualified, be motivated and possess a 'can do' attitude. Interested? Email helen@purpleaccounts.com with your CV by Friday 22nd January 2010.

'Mind Your Own Business' - December 2009 - PurpleAccounts monthly news, tips and articles

Mind Your Own Business - December

'Mind Your Own Business' - October 2009 - PurpleAccounts monthly news, tips and articles

Mind Your Own Business - October

PurpleAccounts announced as finalists in Awards For Excellence 2009! - 20/05/09

PURPLEACCOUNTS has been nominated as a finalist in the Isle of Man Newspaprs Awards For Excellence 2009! The award is for excellence in customer service. The oscars style event will be held on 12th November at the Villa Marina and we are very excited about being part of such a wonderful evening!

Mind Your Own Business - September 2009 - PurpleAccounts monthly news, tips and articles

Mind Your Own Business - September

'Finger In The Air' - Thing Of The Past - The Future of Accountancy - 24/08/09

Article for IOM Newspapers

Next Small Business Nosh & Network is September 8th - 24/08/09

Next Networking Event

'Mind Your Own Business' - August 2009 - PurpleAccounts monthly news, tips and articles

Mind Your Own Business - August

Next Small Business Network Event- 29/07/09

Next Networking Event

Small Businesses Unite In Tough Times - news release 28/07/09

news release

Mind Your Own Business - June 2009 - PurpleAccounts monthly news, tips and articles

Mind Your Own Business - June

'Mind Your Own Business' - PurpleAccounts monthly tips, news and updates for small businesses - 28/05/09

'Mind Your Own Business' May Newsletter

Purple team up with MBL, Indepependent Financial Advisors - 22/05/09

As part of our comprehensive range of services to our clients, PurpleAccounts is working in conjunction with a trusted local financial services provider to offer valued clients a full range of services including:

Individual and Company Pensions
Death in service cover
Key Person and Partnership Protection Insurance
Residential and Commercial Mortgages
Savings and Investment advice
Private Medical Cover

MBL provide free initial consultations and appointments at a time and place to suit you with no obligation. Other benefits to you are:

Completely independent advice from one of the largest providers in the Island
Competitive rates for insurance, mortgages and even legal fees
All advice is licenced, regulated and insured, so you are fully protected
Immediate appointments are available

Please email enquiries@purpleaccounts.com or call 01624 618002 for more information and to ensure you gain the benefit of special rates.

Priority parking space for PurpleAccounts customers - 22/05/09

PURPLEACCOUNTS would like to invite customers to make use of our dedicated customer parking space when you make an appointment to come in and discuss your accounts. The parking space is in the car park behind our offices - accessed by Fort Street. The dedicated customer space is the first on the left - a sign will be in place shortly, but please do not use any of the other spaces. The space needs to be pre reserved with us for obvious reasons simply by emailing sandra@purpleaccounts.com or enquiries@purpleaccounts.com, or phone 01624 618002. (Cars are parked at owners own risk - just to cover ourselves!)

PurpleAccounts offers evening opening hours to customers - 20/05/09

PURPLEACCOUNTS has announced a new late night opening on Thursday evenings until 7pm. The aim is to provide customers with the option of popping in after the working day or being able to drop documents in when the town centre is less busy. Of course customers are welcome to email us at any time and we will try to respond out of hours where we can.

Spring Clean Your Small Business - Article for IOM Examiner - 11/05/08

springclean

Fishy Business at PurpleAccounts - 10/04/09

PURPLEACCOUNTS has recently added several new members to the team in the form of some friendly Purple fish. Research has shown that fish have a positive, calming effect and they are certainly proving to be a talking point within the PurpleAccounts reception area. Helen Parker, Director commented: ‘The fish are a welcome addition to the team and they create a wonderful environment for customers and staff alike. “The fish are provided and cared for by ‘Island Aquatics’ and the brief was to keep everything Purple – from the fish themselves to the seagrass.

News and updates - February 2009 - 05/02/08

February Newsletter

Survive and thrive in the squeeze for small business - 12/10/08

Forget Darwin, it’s a question of your small business surviving the credit crunch with all your bits intact.

David Parker Managing Director of purpleaccounts.com sheds light on ways for small businesses to save money and get ahead.

“Sounds obvious but ‘cash is king’ and controlling the flow of cash through the business is critical. In particular:

Debtor control. By reviewing your control methods now, you can pump cash into your business without even trying. Be clear and consistent with your customers.
Stock control. It’s all about control. Too much cash tied up in stock can stifle a healthy cash flow, leaving little room for manoeuvre should even harder hitting times develop.
Bad debts and their management. The key tip here is to avoid them in the first place. Whilst the majority of us don’t actually look for this to happen, poor control can lead to an increase in bad debt, draining your resources, time and energy. By credit checking new customers where appropriate, this can decrease the risk and provide some reassurance that you will get the cash in.
Invoicing. Does your invoicing system get the money coming in when YOU want it to? If not, it could make a big difference to your cash flow. Simply making sure that all of your customers are aware of your payment terms is useful. Don't let them use YOUR money to fund THEIR business.
Marketing. Helen Parker MCIM also David’s co Director and wife offers her advice to small business owners. “Don’t stop marketing, just get more savvy. Text and email marketing, news releases (remember it must be newsworthy), recommendation and loyalty schemes, the list goes on and of course your existing customers. They are easier and cheaper to sell to!

It’s all down to processes, effective management and control. Sounds easy, but many business owners feel they don’t have the time to review all these processes and therefore continue to do ‘what they have always done’. Unfortunately, this does not bode well for maintaining a competitive edge and by taking steps NOW to avoid these pitfalls, it could even work to your advantage and put you one step ahead of everyone else!

Most of all, DON’T wait until it’s too late. DO it now, not at your financial year end, by then it could be too late, you'll be kicking yourself if you don't take decisive action now to avoid becoming another victim of the credit crunch.

You can get in touch with Purple by calling 0800 612 8988 or email enquiries@purpleaccounts.com.

Get one step ahead NOW, before someone else gets ahead of YOU.

Purple are finalists in awards for excellence - 10/10/08

Purpleaccounts.com have made it to the final 3 of the 'Awards for Excellence' award for innovation. The winner will be announced at an Oscars style ceremony in November. We will keep you posted as to the outcome, but we are delighted to have made the final 3! Bring it on!

Purple sees success in Birmingham

PURPLEACCOUNTS.COM took part in a national exhibition at the Birmingham NEC over the weekend for small businesses and franchises.

The event was a complete success with thousands turning up to gain free advice and guidance from experts such as purpleaccounts.com and purple IFA.

The event provided the perfect opportunity for purple to launch their services further into the UK market, following the huge success of its Isle of Man head operation.

David Parker, Managing Director, said: “The sheer volume of entrepreneurs attending the event are testament to the determination of the small business owner through this economic downturn.

More and more people are turning to franchising and setting up their own business and we were delighted to be able to offer advice and support to these individuals at the event..”

Purple will be attending the next small business national exhibition at Olympia in London, in November.

Purple heads for Olympia - 7/10/08

Purpleaccounts.com is exhibiting at the business start up exhibition at Olympia on the 28/29th November. The event promises to be a huge success with small business start ups from accross the country gaining the benefit of professional expert advice for free. Check out the website www.bstartup.com for more information.

Purple wins 'best new business - 16/06/08

Purpleaccounts.com has been awarded 'best new business 2008' by 'thebestof' members.

PURPLE Accounts has been voted ‘Best New Business 2008’ by the Isle of Man community. Awarded by ‘The Best of the Isle of Man’, the title has been given to Purple for achieving the highest number of public votes in a recent online poll to find the Best Business 2008.

Managing Director David Parker was delighted with the announcement: “I am genuinely touched in gaining the support of the Isle of Man community in helping us to win the Best Business 2008 award. I would like to thank everyone who voted for Purple. Since setting up operations from our home, Purple quickly built its client base simply by providing clients with what they want, excellent customer service, exceptional value for money and free advice. Now operating from offices in the centre of Douglas, we have been able to expand our service offering through the Small Business Centre on Victoria Street, showing a real commitment to the small business community on the Isle of Man. The Business Centre has been set up to provide a one stop shop for the needs of the small business, including office facilities which can be hired on an hourly basis.”

The Best of The Isle Of Man’s Lynne Gumbleton commented: “We would like to congratulate Purple for not only winning the award but for recognising the specific needs of the small business community. They are a true community minded organisation committed to seeing small businesses thrive. Well done Purple. May it be the first of many awards.”