QuickBooks is a great accounting program for home-based businesses to track their income and expenses. It is easy to learn and simple to use. It has a great Help file. You do not need an accounting background to be able to generate reports such as a Profit and Loss and Balance Sheet needed for tax preparation and managing your business. I have listed a few key points to consider when using QuickBooks.
Cash or Accrual Basis of Accounting? The first step in setting up your c...
Understanding Grace Periods
If you are someone who pays their credit card balance off in full each month, then you probably donít need to worry about grace periods. However, if you are someone who does not pay off your balance in full each month, then you need to know about the different types of grace periods and how they work. Here is some advice about how to understand grace periods and use them to your advantage.
What is a grace period?
A grace period is the time you will have before you start...
Spring! And How Does Your Garden (Business) Grow?
The first step is to map out how large an area you want for your garden (business plan) and what types of seeds (new products) you want to plant (launch). You might try starting the plants indoors (test marketing) before exposing them to the perils of he natural elements (retail market). Don't forget to prepare the soil before you plant. You may need some soil amendments (new marketing VP) to give the seeds products) the best chance of sprouting (being profitable). Some garde...