So you have perfected your amazing product, you have secured funding, and you even looked around for a great bookkeeper to help you set up your business! Are you all set for business? Not so fast. Successful businesses were not established on a whim, or on impulse. Recklessness is the adversary of the company’s success.…

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There are many ways to start a business. Some businesses are handed down or an offshoot of an established family enterprise. Most small businesses I’ve worked with as a bookkeeper in Brisbane started as a hobby.  A guy who loves cars would eventually open a car dealership, or a car parts shop, or a high-end…

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Bookkeeping for your business is all about recording and keeping track of its transactions. There are two transaction recognition methods recognized in Brisbane bookkeeping and accounting policies, cash and accrual methods. The Differences between Cash and Accrual Methods Both methods are correct and applicable to businesses, as long as the recording is done correctly. However,…

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