I would definitely reccomend Neat Desk for any businesses. The IRS will accept a scanned copy of reciepts...It cuts down on the paperwork![]()
I wasn't planning on starting a business any time soon, but this thread has been interesting, border-line empowering. Thanks guysI'll be sure to review this when the wife gets sick of her technical career and decides to open a restaurant, haha...
I'd say this was just about the only thing school 'failed' to introduce me to. Google points me to a couple ".gov" sites with "10 step" lists and information resources for starting a business... Is this the best place to start for the very basics?
Eh, I could type a long drawn out response, but the fact of the matter is that you are best off going to a CPA and telling them what type of business you are planning on. Then they can suggest what type of business plan is best, whether it's a partnership, LLC, or other. Once you decide then it's simply of matter of choosing how you want to handle the books. When you start out, it's fairly easy to manage yourself, as long as you know basic accounting rules, and brush up on applicable tax law.
Been using Harvest for the last six months. Very easy and quick to log consulting time and create invoices. You can accept payments online using either PayPal or a payment gateway like authorize.net. They are adding new features regularly.
I know a lot of people like paying with paypal so I give them that option. It's easier to keep everything in the same place and have them process my credit cards for me too. I haven't had any issues with them and been with them a long time now not noticing many major changes. They do charge a lot for their virtual terminal so if I processed a lot of cards in person it might make sense to go another route.
That's on my list for "crap to buy end of the year to save on taxes". Do you have the portable one or the desktop one? The desk one looks awesome but is crazy expensive.
Might find some good stuff on google but your best bet is to talk to someone who runs a successful small business. Inc and Entrepreneur are good magazines to pick up (inc is better IMHO) and you can learn some stuff from them.
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