• CHAPTER 1 GETTING STARTED
• What is accounting?
• Which accounting is for you?
• Financial accounting
• Management accounting
• Financial statement: what does it include?
• Which business structure is for you?
• Government bodies, registering and filing
• Record keeping for Corporation Tax
CHAPTER 2 MONEY MATTERS • Use your own money
• Family and friends
• Borrow from banks by creating a credible business plan
• Outside investors to finance your business
• Possible sources of finance available to you after the start-up period
CHAPTER 3 CONTROL YOUR COST • Keeping track of business cost
• Cash Flow Forecast
• Budgeting
CHAPTER 4 THE BASIC TAX FOR YOUR BUSINESS • VAT
• Corporate Tax
CHAPTER 5 HOW TO ANALYSE YOUR PERFORMANCE • How to use ratios analysis to identify financial performance
• How to Identify and implement your Key Performance Indicator
• Balanced scorecard and its usefulness
CHAPTER 6 EMPLOYING STAFF FOR THE FIRST TIME • Obtain Employer’s Liability Insurance
• Check the Legal Status to Work
• Terms and Conditions of the Employment
CHAPTER 7 BENEFITS OF VIRTUAL BOOKKEEPING WITH CLOUD CFO IN THE DIGITAL AGE • What is Virtual Bookkeeping?
• How They Work?
• Benefits of switching to virtual accountants
• Is your confidentially being compromised?
• Benefits of Having Your Cloud CFO with Virtual Bookkeeping Services