Tags » Sole Trader

What is bookkeeping?

Bookkeeping is a modern way of recording financial transactions and is part of the accounting function of the business. Transactions include, sales, purchases, receipts, payments, salaries and the list goes on however, in simple terms, bookkeeping is a process of recording every single financial transaction taking place in the business. 235 more words

Tax

The Assurance of Insurance

One of the issues I have had to deal with this week is what to do about business insurance.  There’s a whole raft of type of insurance to consider: premises insurance, personal health insurance, equipment insurance, professional indemnity insurance, employer’s insurance, and public liability insurance, just to name a few. 230 more words

Work

Create a solid business base...

When you start up a new business, you have this dream that you’d like to win this big amazing client that’s going to bring in £100000’s per year in a single contract. 249 more words

Forms of Business (legal structures)

Businesses come in many forms, which will be explored below.

Sole trader: an individual who operates his/her own business under their own personal identity.

Pro: less formal reporting duties – more time allocated to strategic decision making… 129 more words

New customers...

Are you comfortable with approaching new customers?

Do you know HOW to approach new customers?

Do you know how to find new customers?

WHO are your customers? 73 more words

Create your business. VAT, taxes and copyright

When you want to create your own business you need to think about the different ways you can do that. These are the most common ones: 389 more words

Work

You are your best sales tool...

No one knows your business better than YOU.

No one else has more passion for your business than YOU.

No one else wants your business to succeed more than YOU. 147 more words