Small Business Website Advice

When providing small business website advice we recognise there are a number of options available to you and only you can decide upon the best solution for your business. A website enhances a business, it reassures people that you’re a serious trader from whom they can buy with confidence. In this article we show several… Read More »

Prepare a Business Budget

Take time to prepare a business budget every year, it is so important. As a small business you should take your forecasting and budgeting very seriously. From this article you will gain from the expertise used by a large business and in particular the way every decision is queried and the markets researched at the… Read More »

Pay Less Tax UK

The addition of recent allowances can mean we pay less tax in the UK. The new allowances include a £1,000 tax allowance for trading income and a similar sum for property incomes. These allowances have been introduced for the 2017/18 tax year. The Marriage Allowance has been available for a few years but has not… Read More »

Top Affiliate Marketing Program

When considering the top affiliate marketing program there are two perspectives, the business looking to participate in an affiliate marketing program to increase their online sales volume and the individual looking to advertise goods and services and earn affiliate commissions. There are affiliate programs in every product range imaginable – in fact there are 100,000’s… Read More »

Financial Accounting Equation – Lesson Seven

I have purposely left introducing the Financial Accounting Equation to the final part of my free bookkeeping course. If you are intending to study bookkeeping and accounting then almost certainly you will encounter the accounting equation within the early pages of your studies. It is sometimes stated that double entry bookkeeping is based on the… Read More »

Annual Depreciation Formula – Lesson Six

This is the sixth lesson in my free bookkeeping course and I am introducing you to the annual depreciation formula, prepayments, accruals, bad debt provisions and the way we must value our stock of materials and goods available for sale. Depreciation is not allowable as a tax deduction, the revenue treat asset value deductions under… Read More »

Nominal Accounts Examples – Lesson Five

The General or Nominal Ledger is the book containing all the information from which our monthly and annual accounts are prepared. I am going to provide some nominal accounts examples to show how we should categorize the various nominal accounts and this will help in setting out the initial listings where computerized accounting packages are… Read More »