Accounting 101

Accounting is such an important part of running a business. In this short course you will discover everything you need to know to effectively run your business | taught by Paul Thompson
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Mo Karmoun

Leon Gidden

Fidel Beauhill

Mo Karmoun

Leon Gidden

Fidel Beauhill

Paul Thompson
Paul Thompson
Accounting Expert

About the instructor

Paul Thompson

Paul’s passion is to help business owners "Know the Numbers" in their business, what they mean and how the "Power of Small Change" can have a dramatic effect on the profitability and growth of their business. By automating and systemising the day to day bookkeeping function using cloud software such as Xero, Receipt Bank, Chaser and Go Cardless and subsequently freeing up their time, his clients are able to concentrate on what they do best, running a successful and profitable business. 

Image result for paul thompson xero accountingPaul loves working closely with his clients to help them achieve a greater understanding of their business financials, getting them to focus on their personal goals and then implementing strategies into the business so that they can achieve their personal goals. We work together on this by way of quarterly or monthly "growth and support" meetings, goal setting and implementation plans, as well as undertaking regular accountability sessions to keep them on track.

Outside of business Paul is married to the lovely Emma Thompson who is a teacher. They have 3 wonderful children and 2 dogs (Chester and Poppy) who are both rescue dogs.

Paul is also a mad keen Wolverhampton Wanderers fan and is a season ticket holder in the North Bank with his son.


Well yes, it can be!  However if you want to effectively run a business and do it successfully there is certain information you need to know and you should have this information to hand at all times.  You would be amazed at the amount of business owners that don't know this basic information


Simple stuff like how often you should meet your accountant.  There are business owners who never meet with their accountant and this is a really bad thing.  Another question is what software should you be using.  Obviously in Maximise Success we suggest using Xero as your accountancy software but you might want to.  Finally you need to know your numbers.  We are not talking about turnover and profit.  Other numbers that you literally cannot run your business without knowing.


You will learn everything you need to know about basic accountancy.  Our accounting expert Paul Thompson will guide you through everything you need to learn.  Bottom line, if you don't know how important accountancy is for your business you are in the right place.

Course Contents

4 Videos

Course Curriculum

Accounting 101 - Introduction
Why Meet With Your Accountant
Knowing Your Numbers
Which Software Should You Use