Why you should keep business and personal purchases separate?
The New Entrepreneur's Guide Series - Why You Shouldn't Mix Business and Personal Purchases? Keeping company and personal finances separate is one of the most fundamental aspects of accounting. However, everyday situations can arise where a business purchase is paid for with a personal bank card or a personal purchase with a business card. In a rush, using the wrong card is a human error, and a single transaction usually doesn't cause problems. If company and [...]
What does starting a business really require? Tips for the budding entrepreneur
A New Entrepreneur's Guide Series - What does starting a business really require? Tips for the aspiring entrepreneur Starting a business often feels like a bigger step than it actually is. You might have a clear business idea and be highly motivated, but at the same time, many new questions arise: Which business structure should you choose? What notifications need to be made? And how should bookkeeping be organised? You don't need to know everything straight away. The most important thing is [...]