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    <loc>https://www.arcaandb.co.uk/about</loc>
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      <image:title>About</image:title>
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      <image:title>About</image:title>
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      <image:title>About</image:title>
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      <image:title>About - Why us?</image:title>
      <image:caption>It’s a good question, For a lot of people an accountant is useful. We handle the paperwork, we make sure you pay the right tax, claim what you are entitled to claim, prepare your returns and submissions and make sure you comply with the rules and regulations. So you can get on with doing what you do best. Running your business. For many people, that's all they want. The stress, the hassle and the time it takes to do it all, is often is worth every penny they pay. They're getting a service along with peace of mind.</image:caption>
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      <image:title>About - Adding Value</image:title>
      <image:caption>We here at Arc believe in a little more than this! We want to add a little extra value to the services we offer. So, whilst we are more than happy to take away the strain of bookkeeping, tax returns, PAYE, CIS etc, we think we can provide extra value, and it lays withing Management accountancy. For example, we are doing the bookkeeping for a baker, a one person business providing cakes, confectionary, bread and quiches. They send us their sales and purchases every week. We input the bills and raise the invoices, reconcile the bank balance and keep the records. Once a year we do the tax return and inform the client of the amounts they need to pay to HMRC. Now, imagine that same baker sends us their sales and invoices, we process the transactions, reconcile the bank balance and send the Baker a weekly report. This report would detail the number of cakes, sold, the number of quiches sold etc, along with the profit margins for each product. We ask the baker to keep a note of the time it takes to finish a cake/ loaf of bread, etc. Giving us another metric to analyse. Before long we can identify, not just which item is making the most money (in terms of sales vs. expenses) but also we now have a time factor. We can drill this down further to things like 3 tier cakes, wedding cakes, birthday cakes, large quiches, small quiches, sourdough bread or wholemeal. We can also provide detail on the most popular items, what time of year certain items sell best, etc. All these things that should the baker wish to utilise, helps steer the direction of the business into a more profitable venture.</image:caption>
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      <image:title>About - But why do that?</image:title>
      <image:caption>You may ask yourself, "Why would a baker need this much information" and the answer is they probably don't. But if this baker decides to cut down their hours for personal reasons or spend more time doing other things, and we already know they make more money baking cakes than bread or quiche. Then they could potentially switch to a cake making business. Meaning more profit subsidising the reduced hours. Its not always that simple but we believe the benefits of commercial/ management accountancy can really help sole traders and partnerships. It shouldn't just be reserved for limited companies or large corporations. We want to bridge that gap between Financial accountancy and Commercial/Management Accountancy. Truly integrating the skill set to the benefit of the client. It might not be for you, if you're after something a little different please feel free to get in touch to discuss your requirements</image:caption>
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    <lastmod>2022-02-02</lastmod>
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