When you start your own business, besides the comparative freedom of life outside the cubicle also comes the added responsibility of being a business owner. Part and parcel of this is a responsibility to understand the numbers. Few business owners actively enjoy accounting, but all successful ones recognise its importance. Accounting is a key part of running a functioning business, and bookkeeping creates the records which make accounting possible. Here's a quick guide to your balance sheet: assets, liabilities and equity:

Being unaware of the financial status of the business can cost startups dearly, at times leading to failed endeavours. But picking the right software takes time and can feel overwhelming. Here are some tips for start ups for choosing the right accounting software:

Are you on top of your business accounting? Here are tips on bookkeeping basics that every business owner should know. They will help you bookkeep more efficiently and reduce the possibility of costly mistakes being made.

Unless you are a qualified accountant, odds are you’ll need some help with your business’s accounts. And you are probably going to need to invest in some accounting software. However, since there are so many products available, it can be tough to know what to choose. To help you make sense of it all, I have picked out some packages. Here are 5 recommended small business accounting software options:

Let’s face it. The vast majority of business owners and directors are not accountants. In most cases your real expertise lies at the heart of your business – making stuff, designing things, training people, selling goods, providing services.. After all, isn’t that what you are really good at and why you started your business in the first place? Here are my 5 top tips for managing your business finances better:

It can be easy in the beginning stages of setting up a small business to only look forwards. Change happens at such a progressive pace that taking a moment to sit down and assess what has come before can seem counterintuitive. But by narrowing your f...