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All directory small business guide: Part one

This short guide is produced to helpThey and How Can They Help
small businesses in the UK starting outLocal chambers of commerce comprise a
get a good grounding in sound principleshuge network dedicated to helping all
which will stand them in good stead whenforms of business in their local area.
it comes to developing their company.They are part of the largest business
Good Book Keeping Tipssupport group in the country, with a
Good book keeping is one of the mosttotal of over 135,000 members. But they
important should be learned, whenstill, by operating at a local level,
starting up and maintaining a good andmanage to stay in touch with the needs
profitable business. Many new businessesand aspirations of their members. This
go under every year not because of lackmakes them the first and very often the
of turnover, or profits, but becauseonly call for business people seeking
they do not keep proper books and havesupport and information.
no idea of their financial state andThey are able to help providing training
whether their cash flow is in the red orand modern apprentices and to can assist
the black.both the business and the trainee in
Bad book keeping can also send companiesthis regard. This can be in a variety of
into a state of turmoil when their taxfields from the traditional industries
returns are due. The taxman is notto the professional and even high tech
impressed by businesses that are notcutting edge businesses. They also work
quite sure of their incomings andin both the public and private sector.
outgoings. But this need not be the caseLocal chambers of commerce can be a
and these days even the smallest ofgreat source of information for
businesses can keep themselves up tobusinesses looking to get into export or
scratch by following a few simple rules.import markets. They are able to provide
Use a book keeping software: There aregood solid background knowledge of
many good software's that aredifferent countries, ways of doing
inexpensive to buy and easy to use andbusiness and the paperwork and documents
will, so long as you feed in thethat may be required.
appropriate figures, semi automate mostThey can also save money for their
of your day to day book keeping.members on basic business essentials
Always keep a back up: However reliablesuch as insurance, healthcare and
your system is, there is always a chancepensions. By virtue of their huge
that it will fail, so always back upmembership they are able to gain large
your accounts as often as possible anddiscounts from many of these
keep a separate copy on disk, in aorganizations.
different place to the computer.The local chamber s of commerce is a
Do not throw away paperwork: Even aftergood source of advice on almost any
you have fed the data into thebusiness activity. They encompass nearly
accounting software keep all of yourall areas of business and as such are
paperwork. You can never have too manyable to help with many of the problems
back ups and if all else fails then youthat businesses encounter.
will always have all your transactionsBeing run by the local businesses
on paper.themselves, the local chambers of
Do your accounts every day: This meanscommerce are a great way to network with
your accounts can be done quickly andothers locally that are in your
prevents the whole thing backing up andindustry. Networking is a very powerful
getting out of hand. If you don't makebusiness tool and meeting those who are
the space to do one days book keeping,in the same field can have many
when will you make the space to do threeadvantages.
weeks worth!For anyone who is in business the
Always keep cheques and invoices inbenefits of joining the local chambers
order: This means that if you need to goof commerce can be significant. With
back and check, then it is alltheir huge wealth of knowledge and
consecutively numbered and easy to find.facilities they can be an asset for most
Although there is a great deal more totypes of businesses.
book keeping than this, following theseAnother important step is to promote
simple rules will help you to make theyour business on the internet and our UK
most of your system and make it lessbusiness directory will list your site
likely that you will get into afor a one off fee of £12.99. With over a
confusion about your books and yourmillion businesses listed, why not give
finances.it a try? Look out for part two of our
Local Chambers of Commerce, What areguide!



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