Bookkeeping? Huh?

First of all, CONGRATULATIONS! It is such a brave step to setup your own business – and I can promise you, you have the most exciting journey ahead.

Before you start marketing and selling, it is really important to get some sort of finance system sorted, otherwise it will keep moving down your to-do list, until you are 12 months in and have a mess of numbers to work out.

If you are on a really tight budget, a spreadsheet would be absolutely fine – just keep track of everything you sell and all your costs. You can always use a word processor to create your invoices too.

ESSENTIAL TIP: Save all of your business receipts – you can take a clear photo on your phone if you don’t want them lying around the house.

However, if you can afford to splurge a bit of money on some software, we would really recommend it!

Our dream combo – Xero (www.xero.com)and Receipt Bank (www.receipt-bank.com), we will give you more details on those in a later post.

If you have any niggling questions on setting those up, please give us a shout, we have years of experience in both!

After you have something like this in place, go ahead and start selling – best of luck!

AC :)