You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Call: 01206 564379 Email: email@example.com
Get in touch
Should you open the books to employees?
At Beaumont Seymour we can advise business owners in the Colchester area on many of the issues you face. Here are some of the possible advantages of opening the books to your staff...
Opening the books to employees is a strategy that has been tried to varying degrees by business owners over the years, and has often proved to be successful in motivating the workforce and improving performance.
Those who have taken this route report a number of benefits:
Not every owner would want to go so far as to reveal everything to the staff, but it might be worth considering at least a little more transparency for your business.
For the strategy to succeed you will need to develop a system of reporting that provides your employees with timely financial information in a form they can work with. We would be happy to help you.
If you are in the Colchester area and are looking for support and advice from a team of professional accountants and business advisers, contact Beaumont Seymour.
Find out how we can make the difference for you!
Need advice? We'll connect you with one of our experienced advisers.