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
Effective Expense Tracking
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In this episode of our Facebook Live series, Ian Morgan dives into the essentials of "Effective Expense Tracking" for business owners. Learn why keeping detailed and accurate records is crucial, discover the best tools and apps for tracking expenses, and understand how to categorize your expenses correctly for HMRC compliance. Whether you're a seasoned entrepreneur or just starting out, this session provides practical tips to help you maintain your business's financial health and stay compliant with tax regulations. Tune in for actionable insights and keep your business thriving!
We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
Ian's LinkedIn Account
The Leaky Bucket Youtube Channel
MBS Accountants Website