Sustainable success in business requires more than a great product or service. It also requires an effective pricing strategy.
By following these tips, you can create a sustainable pricing strategy for your business.
As a solopreneur, you are responsible for managing all aspects of your business. This includes keeping track of your finances and ensuring that you are compliant with all tax laws.
Follow these tips to legally minimise your tax liability.
Calculating and paying tax can be incredibly stressful for solopreneurs.
These five tips can help you manage and pay your taxes with fewer headaches.
Some successful people naturally develop good financial habits.
But if you have these 3 bad habits, they can prevent you achieving the success you desire.
Taxes are one of the most important reasons for a home business to keep accounting records.At the end of the year, you need to show money made and money paid.
When you learn something new, like accounting concepts and terms, it helps to create links between what you already know and what you are trying to learn.
If you track your income and outgoings every day, preparing your personal annual statement and tax return doesn’t need to be a mammoth task.
As trends change, accounting is becoming more diverse and less just a task of bookkeeping ‘crunching numbers’.
Much of accounting is concerned with basic bookkeeping, but the owners of a company are most concerned with the information contained in the financial statement.
If everyone involved in the process of accounting followed their own system, or no system at all, there’s be no way to truly tell whether a company was profitable or not.