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Showing posts from November, 2021

Preparing your business plan

  Planning not to fail Failing to plan your business is the first step toward planning to fail. Recording your ideas, plans and strategies is essential given the ongoing sluggish economy when so many business owners are struggling to maintain profitability and cash flow. Planning includes: Taking prudent, calculated risks rather than blindly reacting to events Making the best use of available resources Developing your plan so that you can achieve the lifestyle you want. All businesses plan to some extent, but the planning is often informal and ill defined. You should always set out your plans in writing, because this compels you to define your ideas clearly. The current economy The global economy is perceived by many as being relatively buoyant. In the UK there remains uncertainty over the impact of Brexit and COVID-19. This is a situation we all live with and is a cause of some concern. How do you perceive the UK economy will impact your business? To what extent is the current uncerta

What Makes Accounting Easy For eBay Sellers? | eAccounts Ltd

  What Makes Accounting Easy For eBay Sellers? Accounting for eBay sellers  is solved through alternatives like outsourcing e-commerce accountant and cloud-based accounting software. Accounting through cloud-based software has tremendous advantages, as you can access your financial records anywhere. Also, you can interact with the eCommerce Accountant/bookkeeper constantly. Best of all, cloud-based software allows easy integration with third-party apps. Traditionally, newbie sellers anticipate  Microsoft Excel  for regular bookkeeping as they often praise its less time-consuming benefit. They claim Microsoft Excel is super easy to input financial data, wherein other accounting software consumes more time. Xero  accounting service allows you to track your financial reports 24/7— you can easily track them from all devices. Xero tracks different financial statuses, which are simultaneously received by your advisor and saves time of exporting and sends reports to the advisor. Looking for t