The Leaky Bucket
Most service businesses are leaking profit — through costs they've stopped questioning, margins they've never properly tested, clients they've quietly lost, and revenue they've never asked for.
The Leaky Bucket is the show where we open a real business file and find out exactly where the money is going.
Each episode, Ian Morgan — Group CEO of MBS Accountants — works live through the finances of a real service business scenario. One company. Four sessions.
Costs, margins, churn, average order value. Every leak identified. Running total revealed.
No theory. No frameworks. Just numbers — and what they tell you when someone actually looks.
If you're running a service business turning over £500k to £10m and your accountant has never shown you this, this show is for you.
The numbers always reveal the leak.
The Leaky Bucket
Latest Episodes
We Found £120,000 in a Business That Was "Doing Fine"
A commercial HVAC contractor had been in business for 12 years. £1.4 million turnover. £128,000 net profit — about 9p in every pound. Their accountant said the accounts looked fine.In this episode, Ian works through the full Chaos to Cl...
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We Found £138,000 in a £1.1m Creative Agency — Here's Exactly How
Apex Creative Agency turns over £1.1 million and made £118,000 profit last year. Their accountant told them that was fine.In this episode Ian works through their numbers live across four sessions — a costs audit, margins and pricing revi...
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Strategic Planning: The Secret Weapon for Business Growth
In this episode of The Leaky Bucket Podcast, host Ian Morgan dives into why strategic planning is essential for business growth and sustainability. Learn how a Virtual CFO goes beyond traditional accounting to help craft a long-term fi...
Navigating the New Budget: What UK Business Owners Need to Know
In this timely episode of The Leaky Bucket Podcast, Ian Morgan breaks down the key announcements from the recent Labour Party budget and their implications for business owners. With changes like the employer’s NI increase, lower thresh...
What is a Virtual CFO and Why Your Business Needs One
In this first episode of The Leaky Bucket Podcast we dive into the power of a Virtual CFO and why it’s a game-changer for growing businesses. Whether you’re a business owner with a turnover between £1m and £10m or just looking to understand the...