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Essential Bookkeeping Practices For Construction Start-Ups

Randal DeHart

Starting a new construction business is exciting but has its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions. From saving receipts to processing employee payroll, every money-related detail should be documented.

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Is It a Good Idea To Outsource as a Start-Up?

AccountingDepartment

Startup founders and managers rightfully question whether it is prudent to outsource accounting and bookkeeping or keep the work in-house. Chart out the positives and negatives of outsourcing accounting/bookkeeping projects and you’ll find the positives are significantly greater in number.

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Accounting Tips for Start up Freelancers

Cheap Accounting

That said it is much easier to set up and pay all business costs from a separate business bank account. New Apps to the market, such as Coconut, allow you to open up a bank account online, store receipts against bank transactions and add in the bookkeeping making keeping up to date in your accounting much simpler.

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Xero Beautiful Business Fund: Ways for accountants and bookkeepers to get involved

Xero

While this initiative is targeted at small businesses, our accounting and bookkeeping partners play a key role in driving small business success and we’d love for you to help get your clients behind the Xero Beautiful Business Fund. If you refer any clients to the fund, remember to ask them to list you as their referrer.

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Is an Outsourced Bookkeeper needed for your business?

Basis 365

Start-ups and small businesses face many challenges. Unless you have a team member with a solid bookkeeping or accounting background, you'll likely be delegating bookkeeping services to someone who may not be as experienced or trying to do it yourself. Outsourced bookkeepers often charge per hour or by task.

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6 Helpful Accounting Tips For A Start-Up Company

AccountingDepartment

As with any type of business, proper management of finances, and having a dedicated team or staff to handle said finances, is a critical component to long-term success.

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Are you a specialist or a generalist accountant? Should You Stick or Switch?

Mark Lee

Here’s just a few of the specialisms that are practiced by accountants I know: UK Tax advice French tax advice Probate Inheritance tax Capital gains tax R&D tax credits Salon based businesses Restaurants Contractors Charities Franchises Medical practitioners Funded tech start-ups Older entrepreneurs And so the list goes on.