We talk to two property experts at Manchester based businesses ‘Insite Properties’ and ‘Raynes Architecture’, for the lowdown on some current property issues and to see how The Accountancy People have helped them move their business’s forward.
Insite Properties – Looking at current trends in the property market
Here at Insite Properties we pay particularly close attention to the current trends in the property trade, because fluctuations in the market can have an impact on the way in which we plan for the future. For example, we are now seeing that developers are looking to build properties not for sale but for rent, something which was reflected in the recent Census figures. According to the Census the number of people privately renting homes has almost doubled over 10 years. The 3.6 million homes rented from a private landlord or letting agencies in 2011 (which represented 15% of households) had risen from 1.9 million homes (9%) in 2001.
Because of this we recently launched Insite Lettings, and consulted with Paul at the Accountancy People about using a modern accounting software that would help us keep on top of the volume of transactions being received on a daily basis. Paul suggested Xero, a cloud based software that links to our online banking, which helps us to reconcile our accounts and rents daily and can be accessed from any internet connection. I can even check outstanding rents from a mobile app!! It is good to see that as we move with the times, Paul is spotting signs of things to come in the future too!
Raynes Architecture – Is it time to invest in a commercial property for your business?
Raynes Architecture is working with growing entrepreneurs to make sure their offices are fit for growth. Lisa Raynes, architect and expert in residential and commercial property says ‘I’ve found that a professional environment doesn’t have to be heartless, feel cold or artificial. We spend approximately one third of our adult life working – that’s half of our waking time there too. Our office environment has the potential to be a place of inspiration and productivity, play and work. Don’t forget staff productivity is directly related to environment.”
Lisa approached The Accountancy People as she needed a dynamic team around her. “They immediately understood my business; I need to work with people who can speak the same language. The Accountancy People have grown in the same climate, can use the new social media tools and cloud technology. We’re using Xero a new piece of online software to tie my business together. I see The Accountancy People as a key part of my business growth.”
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