Basic Accounting Terminologies You Should Know to Guide Your Business Operations
20 April 2017
As a business owner, don't just be green and stay in the dark about accounting and financial operations that take place in your company. Having some basics of accounting principles and terminologies will help you a great deal in handling your company's growth and finances. These comprise of general concepts and rules that govern accounting as a profession. Income statements, balance sheets, statement of cash flows and sample transactions are some encounters you will meet when dealing with accounting operations in your company.
3 Things You Have to Do on Your First Day as a Freelancer
27 May 2015
Congratulations on escaping the cubicle and entering the world of freelance work. You now get to make all your own work decisions and create the working life for yourself that you have always dreamed of. Although there are huge benefits to the freelance life, working as a freelancer is easier said than done. To succeed, you need to hit the ground running from day one. Here are three things in particular that you need to do on your first day in the freelance world.
The Relationship Between Taxation And Business Structure
31 March 2015
Choosing the right business structure is vital in ensuring that the profits are maximized and liabilities minimized. There are varied setups but the common basic forms for start-ups are sole trading, partnerships and incorporated companies. As your business grows, you can change the business structure to match with the size and nature of the enterprise. You should ensure that your growth plan takes into account the most ideal setup at each level.