Business is thriving and the money has started coming in. Your hard work is paying off and you’ve found yourself with a bit of extra cash in the bank. Now, what do you do with it? As entrepreneurs, we’re all different. Some of us are indecisive over-thinkers who will spend months weighing up the pros and cons of money investments. Others will dive head-first into a pool of exciting money making projects. There are several ways in which you can use our money to gain further financial success for ourselves and our businesses, so let’s find a happy medium.
Are you sick of paying fees for your accountant? Sure, whether you run your own business, are self-employed, or simply want someone to take away all the hassle of bookkeeping, an accountant can be a real help. But, eventually, those sky-high fees will become a big drain on your finances, especially if you are struggling to make a profit in the first place.
Think it’s worth trying to be your own accountant? It’s worth testing this out, even if it is just for a year or two, to see how you get on. Thankfully, these following tips can help you keep on top of your finances and bookkeeping, even if you have no previous experience.