Considering it’s so important, it’s surprising how many business owners dread the regular date with their books. Much of the reluctance stems from confusion, either through lack of bookkeeping knowledge or through using a system that’s too complicated for their needs.
If bookkeeping is one giant hassle in your business world, these quick tips may help it become less of a burden.
Decide Between DIY vs Accountant
Entrepreneurs often decide to do it all themselves. But it’s not always a good idea if you don’t know the first thing about bookkeeping or have no head for figures and so let basic tasks pile up.…
When you first start a business, often you find yourself wearing many hats in the early stages. It’s easy to become trapped in the mindset of “solopreneur” over time, but eventually you reach a point where it’s impossible to go any further without help. There just aren’t enough hours in the day. If you truly want to grow and expand your business, you’ll need a stellar team in place.
To help lessen the learning curve and avoid costly missteps, here are 10 team building secrets you can use right now to boost your business:
1.…
Not that many people go for a long term lease when they rent a place. There are many reasons for this, and one is due to the need for flexibility and another is to keep their options open. While a short term lease does give you a little wiggle room, particularly when you are unsure of the area, there are many more reasons why you should actually opt for a long term lease.
Short term leases are preferred by many, particularly new businesses, because of the freedom it gives them when expansion or even closure occurs.…
Not being assertive makes it easy for someone to be ignored, taken advantage of—even bullied. However, most people default to passive aggression instead of clear and concise communication.
Simply put, being passive-aggressive means we say yes when we want to say no. But this can snowball into indirect expression of hostility toward your coworkers. If you’re after a higher position, antagonizing your peers is the last thing you want to do.
Being Assertive
When used properly, the right amount of assertiveness can positively impact your career.…
Running a business is stressful no matter who you are or how long you’ve been in your industry. Whether you’re the latest tech start-up taking the market by storm, or you’re celebrating 50 years with a global corporation to manage, there will always be money saving hacks that can help you.
In today’s article, we’ll be discussing just three of these business hacks that will help shave money off your overheads. You’d be surprised how small changes can make such big differences, when the time comes to balance the books.…
Accounting can be one of the more time-consuming and expensive routine tasks for small businesses.
An estimated 20 percent of small-business owners spend 10 to 24 hours a month on accounting, and in the process can lose as much as half a week of productivity during the same time period.
When related tasks, like payroll and tax preparation, are factored in, 58 percent of small-business owners wind up spending more than 41 hours a year on accounting, including 40 percent who spend over 80 hours a year, which is equivalent to two weeks of lost productivity.…
If you’re looking for quick and simple ways to improve your business this year, then one way to go about this could be to invest in some training courses for your employees. With so many different courses and qualifications available, we’ve outlined some of the one’s we think are key to helping you succeed this year.
Managerial Training – CMI Courses
In order to properly succeed within your organisation, getting your managerial skills up to scratch can be hugely beneficial for your business’ success.…
Building a successful business is a team effort. Although you may be responsible for the inception and beginnings of your SME, it will soon grow beyond a one-man outfit, and once this happens, having the right team of people around you is essential.
Your earliest concerns will be with those you choose to employ, and finding people who are ambitious, hardworking, and that gel with your brand can help your venture to deliver maximum profits and experience a surge in custom.…
If you’re making the transition to owner-operator trucking, it’s a great way to be in control of your own career and schedule. Unfortunately, new owner-operators often find themselves in uncharted waters and make rookie mistakes.
Here’s a list of the most common first-time owner-operator mistakes and how to avoid them.
1. Failing to create and stick to a budget
As an owner-operator, you are also an entrepreneur. In order to be successful, you must run your job like a business — because it is.…
This blatant disregard for the law and consumer’s personal safety must stop!
It’s up to those of us who work hard to keep their businesses afloat, while doing everything the law requires of taxicab drivers and owners, to take back what Uber and it’s under-paid, under-insured, unaccountable drivers have taken away from us over the last few years.
Uber hurts everyone…
Uber has been slighting the UK taxi industry for far too long now. It’s an epidemic that not only hurts the hard-working qualified drivers who’re required to go through background checks and to register (using fingerprints) with the local authorities; it also hurts the customer, whether they know it or not when they plunk their location into the app and wait for a ride.…
