Accounting Statements: Profit and Loss
As I said in the introduction to accounting statements, the profit and loss (P&L) statement provides an historical picture of how our business has performed over a given time period….
Accounting Statements: Introduction
In the past two articles, we’ve looked at what records we need to keep in our small business; records both of income and of expenditure. Now we’re going to start…
Keeping Financial Records: Expenditure
Last week, we looked at how to keep records of income; now we’re going to look at recording our expenditure. Then we’ve got the two sides of the equation: we…
Finanical Systems: Keeping it Appropriate
A belated Happy New Year to you all. It’s been a while since I’ve written one of these Business of Writing articles. A lot has happened in the meantime, not…
Business Structures
One of the questions to be resolved when setting up any small business is which structure is the most appropriate? There are a number of options including: self-employment; partnerships; limited…