Learning how to manage your books can be daunting when you’re just starting a new business and navigating the world of self-employment. In time you might choose to hire an accountant, but here’s an overview of what bookkeeping is, and our tips for getting it right. Full article with thanks to: simplybusiness.co.uk/knowledge/articles/2021/09/guide-to-bookkeeping-small-businesses What is bookkeeping? Bookkeeping is an important part of business finance but is often one of the most challenging parts of running your own business. You probably didn’t choose to go self-employed because you enjoy looking at spreadsheets and recording your expenses. You’re happiest when you’re out there doing what you do best, whether that’s running your craft business, selling clothes online, or providing a first-rate service to your customers. What is a bookkeeper – and what do they do? Bookkeepers are required to keep an accurate record of business costs and expenses. Not only does this help with understanding the profitability of …
