Running a Business

Running A Business

It is important to know how your business is doing, to do this you need to keep records of your Sales, Purchases and Other Expenses.

You can keep these records in a hand written accounts book, on a spread sheet or using accounts software.  It is important to keep these up to date.

I can help you set up whichever method suits you best, this will mean when it comes to producing your Accounts and Tax Return your Accountancy charges will be less.

The biggest pitfalls

Not invoicing your customers regularly

Not paying your suppliers on time

Not keeping any records

Not having a separate business bank account