15th June, 2019, Stephenson Smart
We are now on the home straight.
There’s less than six weeks left of this school year and then my boys, like millions of other children, are officially on their annual summer holiday.
A time for family breaks, fun in the sunshine and arguing incessantly about who had more sprinkles on the top of their ice cream.
Football in the park, conflicts about games/toys being touched without permission and don’t mention the television remote. It’s guaranteed to be lost without trace.
There will also be the small matter of my foot injuries from random pieces of Lego that were definitely not on the floor when I walked past five minutes before.
The idyllic thought of summer doesn’t always quite match the reality, but I enjoy it all the same.
In some ways as each one passes it makes me consider what needs to be in place for the future.
Currently the boys want to be everything from Olympic gymnasts and professional footballers to dog walkers, but there will inevitably come a time when they start considering their careers.
In my work as an accountant at Stephenson Smart we can advise our clients to set up tax efficient methods to help fund education and university.
When there are children involved we may recommend setting up individual savings accounts, investments or using trusts.
But for young people who are thinking of going into business we are also on hand to give plenty of advice.
Nowadays there is no minimum age when it comes to business starts ups and we are on hand to support clients with cash flow projections, plans and to monitor the results against budgeted targets.
No business is ever the same, so it is important to get proactive advice based on the individual circumstance and to constantly improve skills and knowledge.
Clearly my boys feel my skills in making ice cream need improvement.
I might just pour a whole tube of sprinkles on each and be done with it.
