How to Start a Business with Little or No Cost

Business 1

Many future entrepreneurs are looking to start a home-based or internet business but may not have the funds necessary to get the company off the ground. We all have great ideas but few have the money to launch those ideas. Fortunately, individuals that take the time to do a little research will be pleasantly surprised by how much can be accomplished without a lot of money. The internet provides you access to a number of free or low-cost resources which can be used to help you on your journey to becoming a successful business owner. As long as can provide … Continue reading

BOOKKEEPING MONEY SAVER TIP # 8: Dumb Down Your Filing Cabinet

In my last BOOKKEEPING MONEY-SAVING TIP # 7: Ditch the Office Filing Cabinets I suggested that you ditch the filing cabinet all together and make your filing go completely digital. However, I am now going to be more realistic about this advice. While it is absolutely 100% possible to ditch your filing cabinet and index every receipt, invoice, bill, eBill and statement that ever crosses a bookkeeper’s desk, I am not so foolish as to actually believe that everyone will embrace this advice wholeheartedly. In fact, I fully acknowledge that ditching the filing cabinet is the one piece of advice … Continue reading

One SBO’s Tale of Bookkeeper Theft

Kenneth Reid is an accountant with over 25 years experience. His blog – http://mastertype.blogspot.com – contains mostly income tax tips, but also contains some accounting and/or bookkeeping tips. During “tax season”, his blog will contain more tax tips than anything else. The rest of the year, his blog contains a combination of tax tips, accounting and bookkeeping tips, including some tips related to . _______________________________________________________________________________________ I had a client who went through a very difficult period of time a number of years ago due to a bookkeeper (and a few other employees) who were literally robbing the business blind. The … Continue reading

A Smart Idea for Women in Business

Red umbrella against sky

Working for oneself is often the preferred option when times are hard.  Traditional types of employment can be hard to find and in some areas, self-employment can be the best way forward for those who want to achieve independence and flexibility.  Women and men who are just starting out as self employed can benefit from the help of an umbrella company.   Administrative support for a new business is vital but knowing where to begin is difficult and tackling the vast amount of administration involved can be very daunting and time consuming.  Opting for the help of an umbrella company … Continue reading

Diary of a Bad, Bad Bookkeeper (Day 30) – The Double Payday Scam

Dear Diary, Today was payday – the second since I’ve been here.  I figured it was about time to test the Double Payday Scam – to see if my boss would actually catch me. So, I started the day by doing the .  Just like two weeks ago, I created and took all of the paychecks to the boss to sign.  He signed them, with only the occasional request to see a corresponding timecard…then he signed mine without question. I took the back to my office and set mine aside.  Then, I printed up another paycheck that I took back … Continue reading