Do you dread doing your bookkeeping? Are you missing out on tax deductions because you don’t have good systems in place? Would you like more time each month to spend with your friends and family instead of doing your accounts? With the right business structure, solid foundations and utilising cloud accounting you can easily reclaim 10 to 20 hours of your life per month by setting up systems that do the boring, time-consuming work for you. Taking Care of Small Business gives you simple, practical tools and advice that will make a huge difference to you, your business and your cash flow. From choosing the right business structure to setting up your accounting system, from bookkeeping through to taxation, this book covers them all. Your accounting system is there for you to manage your business and understand how it is going – doing a BAS or tax return are secondary benefits. Setting up good systems will boost your profitability, improve your knowledge of your business and its performance, and allow you to spend more time building the business rather than doing paperwork.
Do you dread doing your bookkeeping? Are you missing out on tax deductions because you don’t have good systems in place? Would you like more time each month to spend with your friends and family instead of doing your accounts? With the right business structure, solid foundations and utilising cloud accounting you can easily reclaim 10 to 20 hours of your life per month by setting up systems that do the boring, time-consuming work for you. Taking Care of Small Business gives you simple, practical tools and advice that will make a huge difference to you, your business and your cash flow. From choosing the right business structure to setting up your accounting system, from bookkeeping through to taxation, this book covers them all. Your accounting system is there for you to manage your business and understand how it is going – doing a BAS or tax return are secondary benefits. Setting up good systems will boost your profitability, improve your knowledge of your business and its performance, and allow you to spend more time building the business rather than doing paperwork.