Do you know the profitability of your business? - Small business ratios made easy
Practical tips for entrepreneurs in financial management series Juha Saari 26 September, 2025 Do you know the profitability of your business? - Profitability tells you whether your business is making a profit or a loss. Many small business owners only keep track of their bank account balance, but the real picture of their company's situation only emerges when they look at the key figures in their accounts. In this article, we explain which ratios small business owners should monitor and how to use them [...]
First annual accounts for a business - what's in them and how to prepare?
The New Entrepreneur's Guide series Juha Saari 26 September, 2025 A company's first financial statement - what does it contain and how should you prepare for it? The first accounts are an important step for every entrepreneur. It summarises the financial situation of the company at the end of the financial year and serves both as a formal report and as a tool for planning for the future. However, for a new entrepreneur, preparing accounts can seem like a complicated process. In this article [...]
How to keep your company's receipts and vouchers in order easily?
Practical tips for entrepreneurs in financial management -series Juha Saari 26 September, 2025 How to keep your company's receipts and vouchers in order easily? Receipts and vouchers may seem like a small thing in the hustle and bustle of everyday life, but they play a big role in your company's accounting and taxation. If receipts get lost or are unclear, it can lead to unnecessary paperwork - and in the worst case, extra costs. Fortunately, receipts [...]
Business insurance - what do you need and what can you possibly leave out?
New Entrepreneur Guide Series Juha Saari 9 September, 2025 Entrepreneurial insurance - what do you need and what can you possibly leave out? Introduction Insurance is an important safety net for entrepreneurs, but you may not need everything right from the start. Many people wonder which insurances are mandatory and which are only recommended. Compulsory insurance 1. YEL insurance (Entrepreneur's pension insurance)- Statutory if your income exceeds the limit. [...]
How does fixed pricing make life easier for entrepreneurs?
Current Issues and Expertise Series Juha Saari 9 September, 2025 How does fixed pricing make life easier for entrepreneurs? Introduction Pricing has a big impact on an entrepreneur's ability to manage costs and make forecasts. When the price of financial management and accounting is clear and predictable, entrepreneurs can focus on their business without unpleasant surprises. Why is fixed hourly pricing useful? 1. Clarity and predictability - [...]
5 most common accounting mistakes and how to avoid them
New Entrepreneur's Guide series Juha Saari 9 September, 2025 5 most common accounting mistakes and how to avoid them Introduction Accounting is a legal obligation for entrepreneurs, but it doesn't have to be difficult. Still, many start-up entrepreneurs make the same accounting mistakes that can lead to extra expenses, tax consequences or even problems with the authorities. In this article, we'll go through the 5 most common accounting mistakes [...]
Business name or limited company? - A comparison for the start-up entrepreneur
The New Entrepreneur's Guide Series Juha Saari 9 September, 2025 Business name or limited company? - A comparison for the start-up entrepreneur Introduction When starting a new business, one of the most important decisions is the choice of business form. The most common choice is between a business name or a limited liability company. Both have their advantages and challenges, and the right choice depends, among other things, on the scale of the activity, the risks involved and the taxation. In this comparison, we look at what [...]
What are the benefits of electronic accounting for small businesses?
Practical tips for entrepreneurs in financial management series Juha Saari 16 September, 2025 What are the benefits of electronic accounting for small businesses? Electronic accounting is no longer just the prerogative of large companies - more and more small businesses are benefiting significantly from it. But what does e-accounting really mean, why is it important for small businesses and what does it cost? What is electronic accounting and financial management? Electronic [...]
Becoming an entrepreneur - what to consider before starting a business?
New Entrepreneur's Guide series Juha Saari 9 September, 2025 Becoming an entrepreneur - what to consider before starting a business? Entrepreneurship is a dream for many people. The freedom to make your own decisions, build something of your own and manage your own time is attracting more and more people. But before starting a business, it's worth stopping for a moment to make sure you have the essentials in place. In this guide, we go through what [...]