BuBul: better business building

Welcome to the 4th edition of our weekly newsletter - full of hints and tips from the BuBul community of independent subject matter experts. This week we're talking about networking.

In this edition we look at creating your marketing plan/calendar to maximise your marketing results

Welcome to the 2nd edition of BuBul Business Bites - hints and tips from our community of independent subject matter experts. This one's all about creating your marketing strategy.

Here's our first newsletter - a weekly dose of business hints and tips from our community of independent subject matter experts. This one starts at the beginning of every business - the customer!

This is inspired by a post we saw recently from an accountant who had been asked to complete a feedback survey - after 20 minutes they weren't even halfway through so gave up! We ask our customers for feedback all the time (and get it!) but we learned the secret years ago - you only need to ask 4 questions! And they are: 1. What did we do well? 2. What could we do better? 3. What else could we do for you? 4. We want to grow by helping more people like you. Would you be happy to recommend us? Hope this helps!

So a thing happened today... We hit 1,500 followers! Very humbled and grateful - thank you everyone and we'll try to post interesting and relevant content whenever we can!

We have a new offer! - any accountant or bookkeeper who is interested in expanding the advice they offer clients can have their own version of BuBul for 3 months with 5 licences for start-ups and 5 licences for clients who are already trading! No cost, no obligation. Bit of a no brainer really.....

Great to see this new version of BuBul launched! Many thanks to CLAIRE Sutherley DL and all the WAW members who collaborated with us to get this built - all with the aim of helping new businesses get off to a flying start in the Wakefield area! https://lnkd.in/eYF7dG5Z

We were challenged last week to create a better explanation of how BuBul benefits accountants and bookkeepers in a way that's relevant to them. Here's our first effort - what do you think? How BuBul could be worth £228,000 to you (over 5 years!): Let’s assume you buy 200 licences for your clients. You pay £3 per month per licence and sell them to your clients for £10 a month (a 50% saving on the normal BuBul retail price for them). That gives you £16,800 a year additional revenue – £84,000 over 5 years. But that's not the best bit! On average 10.5% of UK SMEs fail each year (Source: ONS) so you could expect to lose 20 of those clients each year. BUT, Government statistics also show that small businesses that get advice are 40% more likely to survive. That means BuBul could reduce the number of your client failures by 8 each year. Assuming you charge each of them £1,200 a year, that’s worth £9,600 in year 1, £19,200 in year 2, £28.800 in year 3, £38,400 in year 4 and £48,000 in year 5 and onwards. That’s £144,000 over 5 years. Add that to the margin from selling the licences (£84,000) and that’s a revenue impact of £228,000 over the first 5 years of using BuBul with ongoing annual revenue of £64,800. Interested? book a demo now (link in comments) and get BuBul free to use for yourself so you can see how it would help your clients!

Here's a bit more of an insight into BuBul: Although we market our software to accountants, it isn't right for many of them! BuBul gives tailored advice to micro businesses who wouldn't normally have easy access to advice, so, if you're an accountant who only works with larger firms, BuBul probably isn't for you. BuBul advises on a wide range of business areas (except finance) so, if you're an accountant who also offers business advice and can work out and advise on things such as if a business should be using social media to better effect, or can help improve lead generation, conversion, retention, carbon emissions, complaint handling, customer referrals and the like then BuBul probably isn't for you. And finally, if you're an accountant who enjoys just doing the returns and accounts for your clients, then BuBul probably isn't for you either! Having said all that, if you haven't found yourself in the list above, we'd love to have a chat and let you try out BuBul for yourself!