3 Tips for Keeping Income Statements and Receipts Organized

3 Tips for Keeping Income Statements and Receipts Organized

Don’t you absolutely hate having to keep records and receipts every minute of the day?

It can become a really tedious chore having to remember how much things cost, what you spend money on (especially when it comes to cash.)

How about sales? Do you have a system in place to accurately record all of your sales, how about your returns?

If this is making you a bit anxious have no fear because I’m going to show you three simple methods that you can use right now to organize your business record keeping (plus it also works in your personal life as well.)

Method # 1 – The Envelope System

This is a simple but massively effective system that I use to capture any and all receipts. It can be used either for your business or for never missing a red cent that a company owes you on an expense report (If you are still gainfully employed by someone else.)

The gist of this system is keep an envelope with you at all times (can be in your jacket, your briefcase or laptop case, your car or your office) what ever works for you. I use plain white (non-windowed) envelopes. Each time I get a receipt, I flip it around and write a brief description on the back of the receipt (So I don’t forget in a week what exactly it was for.) I write who I was with if a T&E type of receipt. (like a meal)

Just quickly write whatever info will help jog your memory.

Next I place the receipt in the envelope. I use a separate envelopes for each month. So on the outside of the envelope I put the month (March 2011 for example). Then I continue putting all receipts in the envelope. I add …

» Read more

3 Article Writing Tips – How to Write More Lucrative Articles For the Home Business Niche

3 Article Writing Tips - How to Write More Lucrative Articles For the Home Business Niche

Starting a home based business is a dream for many thousands of people, so in terms of working from home for yourself, and writing information about how you can help the members of this niche achieve their goals, the opportunities are infinite.

Here are 3 things for you to consider for writing more lucrative articles for the home business niche; they are on line and off line options, hiring people, and considerations with your family:

1.Do you want to work from home or venture further afield? There are two main streams of opportunity for a home based business, you can either work solely at home, which may imply something like an on line or Internet based website set up. Or, you could look more towards networking and getting out to met people, as in the MLM business. Nowadays, there’s been so much development in what used to be really cheesy circumstances, that MLM has become a highly workable opportunity for thousands of people. the Internet has contributed to this massively.

2.Hiring people on or off line. You have a good channel through which you can “employ” people for growing you business. For some opportunities like an Internet based company, you’ll be undertaking much of the groundwork yourself before you can even think in terms of bringing people in to help you. But once you’re at the stage where you can afford outside help, outsourcing in one way or another is the key to growing your business.

3.Family considerations. It’s obvious, but when you work from home, you’ll need lots more of you own time than you’d need otherwise. Make your family part of your plans, and discuss every stage of the development with them. Make them feel a part of it, and you’ll get the “me time” that’s so crucial …

» Read more