Tag Archives: bookkeeping

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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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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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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Small Business Accounting: Starting Up

Small Business Accounting: Starting Up

Just established your business? Set up your accounting system yet?  The earlier you get this done properly, the better it will be. A robust accounting system is absolutely essential for any business – big or small.  It helps you keep track of your expenses, manage your finances and so much more. Bottom line, it’s all […]

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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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Link your vision to achievable goals

Link your vision to achievable goals

We always like to dream big but the vision will not become a reality if you don’t have appropriate achievable goals.  These goals are the steps required in each area of your business in order to get what you want. You need product and service goals, sales and marketing goals, financial and operational goals as […]

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