Posts Tagged 'Book keeping'

How to Avoid a Tax Audit

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Most of us wait till the 11th hour to file our income tax returns, but it’s worth getting a head start on them now. We explain how to keep on track…

  1. File on Time. You don’t want to file too late.. A lot of people, it seems to be something they definitely don’t want to do and not their favourite time of year so they put it off as long as possible.”
  2. Avoid paying extra. If you file past the October 31st ...

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The Importance of Business Planning

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With thanks to the O2 Ideas Room for blog posts…

While business plans are synonymous with startups, business planning is important for all businesses regardless of their age or maturity. A business plan is essentially a future oriented description of how you intend to trade as a commercially viable operation. Given that the plan is essentially predictive in nature, it will need to contain a number of assumptions which the reader will need to accept as being plausible in the context ...

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manage your businesses cash flow

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With thanks to the O2 Ideas Room for blog posts…

Cash flow is the lifeblood of any business and these days is even more important than ever.

Below are a number of simple approaches to use when operating your business.

1.     Minimum Stock Levels. Keep your stock to a minimum. Only hold the stock that you know you can sell in the next 60 days. A business that normally holds 100k of stock, reducing this by 25% will inject 25k into the ...

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How can Twitter be relevant to my business?

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With thanks to the O2 Ideas Room for blog posts…

Social media is now an enormous and continually-important part of peoples’ lives. Many reading this short article will have a Facebook page or perhaps a LinkedIn profile. However, social media is not simply about posting photos of your latest holiday and following people you are vaguely connected with. It is now increasingly a very important market place for businesses and brands.

When enormous brands like Pepsi and Ford start hiring heads of ...

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Free Online Book keeping

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Small Businesses really are running out of  reasons to keep their records up to date.

A quick update of your income and expense history will keep your records straight and provide invaluable insight to you best customers, most frequent expenses, and the health of your business.

Outright.com will take care of the work; simply log in, record your income. and expenses, and go back to work.

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