Thankfully the number of Small Businesses in Ireland is on the rise again.
Over the past five years this number has grown – especially since the recession, where more people have been made redundant or have found themselves struggling professionally – a situation which has lead many to become entrepreneurs.
But even though setting up a business is a very exciting new chapter in life, the first and most important step is to get the basics right. And even to know what the basics are is a struggle.
You don’t really need to be a maths wiz to successfully run a small business, all you need is a basic understanding of bookkeeping and finance. And now you don’t even have to know that. I always tell people that Sage is built for people who AREN’T accountants. So you can concentrate on growing your business.
My top tips for a running your accounts as a small business are:
and my top tip;