The Four Basics Of A Business

Working on your business!

1 – Record Keeping
For banking – keep track of all the ins and outs of the finances and keep track of all the receipts!
For tax – by keeping the receipts you can keep track of the expense that is tax
Stock Management
Also, think about the your investments and the timings of these

2 – Insurances
Public liability, employer liability and professional liability

3 – Tax
Domestic sales tax (VAT) for sales and purchases
Import and export tax

4 – Contracting
Deliverables, payments for both clients and suppliers.

Listen to the full ep for detailed information!
As always, thank you for listening! Beth