If you are a freelance bookkeeper (or are planning to become one) you need to be aware of some useful habits to ensure success with your bookkeeping business. These habits won’t make or break you, but they will help your business run more smoothly and prevent frustration in the long-run. 1. Pick a good time [...]
All professional accountants, regardless of the area in which they are practicing, need to keep up to date with the developments in the field. International Financial Reporting Standards (IFRS), is one of the most dramatic changes the accounting profession has witnessed in a long time. There are a large number of seminars, conferences, and courses [...]
When selling your own business, it is critical that you understand the points in the deal process when your attorney and CPA should get involved. The first point to make is that both of these parties must be involved in your selling process. You should think of them as a part of your “Exit Strategy [...]
If you love clothing and have always dreamed about opening up your own little clothing shop, the only thing that is standing between you and your dream is the effort that is necessary to make it come true. Little boutiques exist in almost every corner of the world and most of them find success and [...]
Many Finance Executives at mid-size companies feel “trapped in the middle” – bigger but less agile as an organization than they were previously, but smaller and without the resources of their larger competitors. Generally believing, finance executives at mid-size companies have a real and direct opportunity to create positive change in their companies by making [...]
A recent study, conducted through an online poll by experts in marketing accounting services, reveals that 41% of small local accountants are experiencing annual growth rates of less than 5%. Discussion of these results during a weekly focus group held for accounting practitioners, reveals that accountants fall into four basic groups when it comes to [...]
Entrepreneur Mindset Secret ~ Write Your Goals ~ Make A Plan ~ Set A Deadline.!Dreams will stay just that, ~ only dreams ~ unless you steer them in the right direction. AfterAll, we are not just day dreaming are we? No we are not! We are dreaming on purpose.!This is where you take your dreams [...]
The first issue we see nascent entrepreneurs almost universally attempt to address is the perceived need for working capital. When we ask how much investment they believe is required to get their product to market, they never can justify what they identify as their magic number. I have yet to read a business plan that [...]
A commonly stated fact is that more than 90% of new business enterprises started fail to live beyond their infancy. Commentators on this subject see many various factors as being behind this commonplace failure of new enterprises. And going through the various reasons given for the failure of young businesses, it turns out that they [...]
Just to be clear, you can’t avoid IR35, you are either in it or outside the scope of it. However, more about this in a moment. IR35 has been around for a while now and although the government doesn’t appear to have radical plans to change it, they are in discussion to make it clearer [...]
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