If you’ve only recently started working for yourself, you may not have considered registering yourself; however, this must be done within the first three months to avoid penalties. The process is actually very simple, but can differ depending on the type of business you want to set up. Sole Trader If you are operating the […]
Backing Up Your Business Files
December 4, 2012 By Leave a Comment
In your business, you likely have lots of digital records. Unless you are using Google Docs and cloud services for everything, you probably have lots of digital files. Keeping those safe and backed up is important. If your computer was stolen or crashed tomorrow, would you have everything you need? External Hard Drive The […]
Online Tools For Tracking Your Client List
November 26, 2012 By 2 Comments
As your business grows, you will have to track multiple customers. As your customer list grows, you will have more invoices, deposits, customer balances, and customer service issues. It can be daunting, but if you stay organized, it doesn’t have to be difficult or stressful. All-In-One Solution: QuickBooks Quickbooks has a customer management tool […]
How Much Cash Should You Keep on Hand?
November 20, 2012 By 2 Comments
Once your business has been around for a while, if you manage it right, you will build a big bank account. Deciding how much to pay yourself and how much cash to keep on hand is a tough decision, and finding the right balance is vital for the long-run success of your company. Cash […]
Starting a Business? How To Have Work Life Balance
November 16, 2012 By Leave a Comment
One of the characteristics of running your own small business is that your hours are rarely nine-to-five. On the one hand, this can allow great flexibility for those owners who need a little more time at home in the mornings, such as parents who need to complete the school run. On the other hand, as […]
