by AccountingPreneur | Jun 9, 2022 | Bookkeeping, Budget, Business, Cash Flow
The most important element when it comes to financial planning for your business is your budget. It will give you critical insights into how your business is doing – income, cashflow and expenses. But do you know what percentage of your income you should be allocating...
by AccountingPreneur | May 18, 2022 | Balance Sheet, Bookkeeping, Business
Be honest, how closely do you look at your balance sheet when your accountant produces a report for you? Do you glance at it, check you’re in profit and then carry on with what you were doing, assuming that if there was anything really worrying going on that someone...
by AccountingPreneur | Apr 20, 2022 | Bookkeeping, Business
When you’re running a small business, bookkeeping may be the last thing you want to think about. But the reality is that it needs to be a high priority! Keeping accurate books is vital for accurate financial reporting and is critical should you face an audit. As your...