Tag Archives: accounting

Separate, Track, Organise and Consult

Separate, Track, Organise and Consult

Small businesses are often faced with one important question: how can finances be managed effectively?  Unlike personal finances, there isn’t a single approach that can be applied to all the business entities out there. Well, my advice is Separate, Track, Organise and Consult.  Talk to an accounting specialist and they’ll give you some guidance, helping […]

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The Most Common Bookkeeping Challenges Faced by Small Businesses

The Most Common Bookkeeping Challenges Faced by Small Businesses

How has running your business been like so far? Initially, you start small, find stable ground and then gradually, expand your business. The first phase, the development phase, is full of lessons – this is the time when you face the most challenges. And this is the right time to master your bookkeeping skills so […]

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When Should Small Businesses Turn to Accountants for Help?

When Should Small Businesses Turn to Accountants for Help?

Have you hired an accountant for your small business or do you manage payroll, invoices, taxes and other related operations all by yourself? If you want to optimise your finances and propel your growth, you should hire an accountant NOW. History shows many business owners delay working with professional accountants as much as they can. […]

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Accounting Tips for SMEs

Accounting Tips for SMEs

How do you manage your small business? Do you find it difficult to do so? Put your accounting in order and a lot of your troubles will cease to exist. Should you go about this on your own or should you seek professional help? If you are just starting out, you may be able to […]

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Accounting Trends for Current Times

Accounting Trends for Current Times

Have you set up a proper accounting system? And more importantly, do you update your system along with times? Technology has completely changed communication, collaboration, financial management and so many other aspects of running a business.  And technology continues to shape the trends in the accounting industry as well.  Let’s take a look at the […]

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Organise Your Small Business Finances

Organise Your Small Business Finances

Small businesses are often faced with one important question: how can finances be managed effectively?  Unlike personal finances, there isn’t a single approach that can be applied to all the business entities out there. It all varies from business to business.  Talk to an accounting firm and they’ll give you some guidance, helping you establish […]

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Have good accounting information

Have good accounting information

Good accounting information will keep your business on track and will alert you early to any issues and enable you to make appropriate changes. A major factor to consider is the structure of your accounting system and how transaction information is captured. Remember garbage in, results in garbage out. Know what it is you want […]

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