Start Your Business for Success-The First Time You are considering starting your business and know you must attract and retain customers while remaining in control. Determine how much money you need to start your business. Before you hit the ignition button and start your business, ask yourself these ten questions to […]
I am developing a Partnership business structure. What is a partnership business? A specific kind of legal relationship An agreement is made among two or more individuals to conduct a business as co-owners. It could vary in the types of partnerships and the levels of involvement. A business partnership is a […]
How could an accountant help your business? Every good business will have an excellent entrepreneur; besides, there will be an accountant. Implementing an accounting system helps the company start completely controlling its finances, such as minimizing tax payments and keeping overheads to the minimum. People who run a successful business may […]
A sole trader has employment income. What happens if I also have earnings from employment or dividends? If you are employed, your employer would have deducted the tax for your earning. Also, when you have other income from a side hazel, you must register yourself as self-employed and declare that in […]
Accounting for e-commerce business Accounting is a painful necessity for business owners. It is the dull side of the business. However, if you want your business to grow, you cannot avoid it. Packing all your receipts and handing them to a stranger is not good enough. In addition, you do not need […]