Learning how to manage your books can be daunting when you’re just starting a new business and navigating the world of self-employment. In time you might choose to hire an accountant, but here’s an overview of what bookkeeping is, and our tips for getting it right. Full article with thanks to: simplybusiness.co.uk/knowledge/articles/2021/09/guide-to-bookkeeping-small-businesses What is bookkeeping? Bookkeeping is an important part of business finance but is often one of the most challenging parts of running your own business. You probably didn’t choose to go self-employed because you enjoy looking at spreadsheets and recording your expenses. You’re happiest when you’re out there doing what you do best, whether that’s running your craft business, selling clothes online, or providing a first-rate service to your customers. What is a bookkeeper – and what do they do? Bookkeepers are required to keep an accurate record of business costs and expenses. Not only does this help with understanding the profitability of …
How PAYG Virtual Bookkeeping Can Save Your Small Business
Are you wondering if virtual bookkeeping is right for your small business? PAYG Virtual Bookkeeping allows small business owners to take more control over their business. Learn how you can do this… Full article with thanks to: sanaybpo.com/blog/why-virtual-bookkeeping-will-save-your-small-business “Virtual bookkeeping services are scary. They will not work.” It’s a common misconception of those who have not tried yet the various online accounting services. But as soon as they’ve signed up for a virtual small business accounting service, they soon realise the benefits of it. How many times a day have you seen your staff bookkeeper spending his/her time at the water cooler or just chatting with co-workers? When you opt for PAYG Virtual Bookkeeping, you can save money and time. And as a business owner, you know that time means money. Many are still undecided about using it because it will mean outsourcing your accounting/financial statements. But did you know …