Bookkeeping
Published: 29/09/2008
The Profit & Loss Statement describes you how your business is performing at that particular time and the Balance Sheet is the statement that tells you about the long-term health and strength of your business. The balance sheet shows whether you can meet your obligation as they come due, how much...
Published: 27/09/2008
The Cash Flow Statement is made up of three sections. The first section is operating activities. Operating activities include your companies profit or loss and non-cash items that affect your profit without affecting cash. Examples of these types of non-cash expenses are depreciation and bad-debt...
Published: 19/09/2008
Money is an issue on everyone's minds: from the CEO sitting at the top to the entry level employee living paycheck to paycheck. This is why it is so important for those who are struggling in these hard economic times to be able to afford the basic essentials. In order to do that, you must create...
Published: 15/09/2008
In this article, we will discuss some of the most common bookkeeping mistakes made by small business owners that you absolutely need to avoid if you want grow your business:
1. Handle all bookkeeping work by yourself. Especially for a small business, it is very common for the owner to have a...
Author: Anonymous
Published: 05/09/2008
We've all heard of the phrase "Death and Taxes." Ben Franklin gave this timeless small business advice when he proclaimed that they are the only two things in life that are certain. But you don't have to let your tax responsibilities drive you and your business to an early grave.
As a...
Published: 04/09/2008
Online appointment scheduling technology is bringing new opportunities for time saving especially for small to medium sized businesses. This is basically a time-saving shortcut that avoids staff having to deal with making appointments in the traditional manor.
Web based appointment making is a...
Published: 04/09/2008
Although you may have never heard the term web based invoicing software it may be the answer to some of your time efficiency problems especially if you own a small to medium sized business. If you were to add up all the time that you and your employee's spend each month chasing invoices and...
Author: Anonymous
Published: 01/09/2008
Almost any small business can use advice on how to improve its collection cycle. The first line of defense against late payments is a complete invoice. Your bills should be accurate, detailed and easy to understand. If difficult to understand, then your client will need to call for additional...
Author: Anonymous
Published: 01/09/2008
My least favorite thing is 'selling' my services to potential new clients. It makes me uncomfortable. Then a few years ago, Beth my business coach said, "Linda, why not describe the reasons why someone needs good bookkeeping? Talk about that during your initial meeting." I was skeptical; I didn't...
Published: 25/08/2008
Starting your own business can be a very rewarding experience. You will enjoy freedom and flexibility you never imagined. You will also work harder than you ever have before but it feels completely different when you are working for yourself. Here are some tips to help you get off on the right...
