article thumbnail

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.

article thumbnail

Lightyear targets UK ‘solopreneur’ and freelancer market with business investment account launch

Accounting Insight

This launch comes alongside a brand new partnership with BlackRock to bring access to Money Market Funds for UK businesses without the high fees or minimum investments. New business accounts mean freelancers can invest and earn interest on company money In 2022, the Federation of Small Businesses estimated that the UK was home to 5.5M

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Do I Need an Accountant for My Small Business?

MazumaBusinessAccounting

Those that do their taxes for themselves may think nothing of taking on this huge responsibility as a small business owner. Take it from us, though: after a certain amount of progress as a company, doing your own business accounting isn’t likely worth your time, especially if your background isn’t in finance.

article thumbnail

Mazuma Launches Keep Going Podcast, $10,000 Giveaway for Business Owners

MazumaBusinessAccounting

“Over the past decade, we’ve experienced the excitement in the start-up phase, the struggle in the building phase, and the joy that comes through achievement,” says Greg. “We want to help other business owners keep alive the motivation, spark, and determination to keep going.”

article thumbnail

How to treat business costs incurred before you start trading

Cheap Accounting

Before a business gets off the ground there are often a few start up costs incurred. In the build up to launching your business, you should keep the receipts and invoices for any outlays that you’ve made to get the business up and running.

article thumbnail

What you need to know to run a successful eCommerce Company

Basis 365

eCommerce Accounting 101 One of the hardest parts of starting up an online business is determining how to maintain your accounting. However, once your business starts growing things will again change. What business structure should you use for an eCommerce business?

article thumbnail

5 reasons to think about outsourced accounting

Basis 365

Many entrepreneurs, small businesses and start-ups struggle to find a full-time accountant who has the skills and knowledge to prepare financial statements, analyze data, manage bank accounts, prepare outgoing invoices, and prepare financial reports.