When starting a new business, save yourself a lot of headache by establishing a sound recordkeeping system upfront. Learn from my experience. Using business expense forms and business accounting forms would have saved me a lot of time, money, and frustration!
I had no problem with coming up for an idea for my scrapbooking business, getting customers, or completing orders on time.
I bartered with her...my services for her service. There was so much to get through.(So, just to make the barter fair, we had to go from a memory book for her first child to adding two more for her sister as gifts)
I am terrible with record-keeping.
So we spent a LOT of time dealing with my random note-keeping system of who had paid what. Then we discovered several thousand dollars in unpaid invoices, for scrapbooks I had completed and satisfactorily delivered over eight months ago!
Now, I have a standard order sheet for all of the scrapbooks I do, and I keep track of all the costs and receipts, etc. for business expenses.
And, now, each quarter, I send those large file of business expenses and forms to my accountant friend. And...as a part of the barter, I make her a scrapbook, either for herself or as a gift to give, each quarter, and she takes care of all my accounting needs.
Establishing some type of record-keeping system for your business upfront will give you both confidence, peace of mind, and help you manage many of the stresses of starting a new business.
As you can see, when starting a new business, organizing with the right accounting and finance expense reporting tool can really save you a lot of time, money and frustration.
I found major stress relief by staying organized by using system to record all of my transactions on business expense forms and business accounting form.
I also found a way to relieve my start-up stress by finding a way to outsource a particular part of the process that brought major stress to me...the cutting.I have started recruiting my neighbor to help me to do a lot of the cutting. She is an older housebound lady, who helps me do the cutting while she watches TV.
It is also a win-win for both me and my neighbor. I pay a few cents per piece,I come over once a week to chat and collect my pieces and pay her, and she has some extra income.
Invest in a sound record-keeping system upfront by using business expense forms and business accounting forms that will make the business side of your business run a lot more smoother!
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