Five Accounting Packages for Small Businesses

As a business owner, I am always looking for new and effective ways to run my business better. It takes a lot to be a successful business owner. I have been a business owner in the UK for about 10 years now and it is still a learning process. Prior to running my business here, I had a retail business in Africa and I know that as a business owner you have to wear many hats and be a Jack of all Trades just to get things done properly. Accounting packages are some of the things you have to pay close attention to as they offer small and scalable business solutions which can help your small business grow massively. However, there are loads of accounting software for small businesses to choose from, and this can be daunting for new business owners.

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If you are after accounting packages for small businesses, you are reading the right post, here are the best accounting packages for small businesses:

Five Accounting Packages for Small Businesses

XERO

This accounting package is great for business reporting. It is very user-friendly with a bright customisable online dashboard and simple design. If you are a visual person like me, you would love XERO because it gives you a bright overview of your books, comes with various add-ons to make your business reporting a lot easier and quicker, and is quite affordable with a Starter plan at £12 per month.

QuickBooks

This is another popular accounting package with over 4 million businesses all over the world. If you are a business owner, it is likely you have already heard of or used QuickBooks, and it is easy to see how QuickBooks are so popular. The accounting software has loads of features to help self-employed people and businesses. Their packages are quite affordable with prices starting from as little as £8 a month for self-employed people, and £12 for a single-user business owner.

SAGE

This accounting software has amazing customer service with 24/7 support. If you think you would need more help setting up your software, SAGE is the one you need. Their most basic plan starts from £12 per month and goes up to £30 a month for bigger businesses. You can also add £7 a month for payroll.

FreeAgent

FreeAgent is a great accounting software for small businesses because it provides flexibility. It removes limits on projects, clients, features, and users. Also, it has award-winning customer service. The prices start from £19 per month for sole traders and go up to £24 per month for limited companies.

FreshBooks

If you are after the easiest software to use, FreshBooks is the one you need. It is a great accounting packaging for small businesses and it is super easy to use. You won’t even need a dummy’s guide to create invoices or enter payments on this accounting software. Plus, it is also affordable with prices starting from £11 a month for a Lite plan, which is pretty much a basic plan, and £30 per month for the Premium plan.

All prices quoted are correct at the time of writing and are excluding VAT.

Have you used any of these accounting packages? Please share your experiences in the comments section.

5 Reasons Why Your Business Needs a Blog

If you want to succeed as a business owner, you would most likely need a blog alongside your website and social media platforms. Regardless of what people say, blogs still get read, and SEO helps businesses flourish. Although many things are evolving, every business still needs a blog. Having a website alone is never enough; you need a platform that is 100% yours and that would allow you directly communicate with your audience online.

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5 Reasons Why Your Business Needs a Blog
  • A blog keeps your target market informed

One of the most important reasons for having a business blog is to keep your target market informed. A blog gives business owners opportunities to share regular updates, communicate with their audience, and keep them in the loop of what is happening with the business. Many business owners may choose to share timely content on their social media platforms and may not understand the importance of having a blog, but a social media platform is an extension of your business, it is not yours. A blog on the other hand is your business and it allows you to directly communicate with your audience as often as you desire.

  •  It attracts organic traffic

Having a business blog is a smart way to run a business. An article can easily go viral with a bit of luck and the right SEO tips, which could quickly generate extra income for the business. It could also bring in more customers so there is really no reason not to have a blog as a business owner. The more content you create on your blog, the more visibility, and the more opportunities to come up on search engines, and increase organic traffic.

  • A blog helps you grow your email database

The more content you create on your blog, the more opportunities you have to grow your email database. The email subscribers may be customers already but running a weekly blog for example will keep your business name at the top of their minds. Regular blog posts will also help draw in more email subscribers that could end up being customers, so it is a win-win.

  • It allows businesses to communicate with their customers

A business blog creates the opportunity to communicate with customers. Businesses can easily get feedback from their customers through their blog posts. It easily creates a two-way communication channel with the online audiences, and lots of feedback can be gotten this way.

  • A blog helps you grow your online presence

Running a business blog makes it easier to grow an online presence for your business. It is faster to increase your social media presence when you have regular quality content to share on your business pages. Blogging as a business is one of the fastest ways to grow your business. The more interesting and engaging your blog posts, the faster your social media platforms would grow, and the more online and offline attention your business would get.

 

Do you have a business blog? How do you keep your audience engaged?

 

7 Essential Tips for Starting-Up a Successful Business That Generate Profits

*Collaborative post.

Starting a business from nothing is no easy task. It takes a lot of hard work, dedication, and determination to make it successful. But with the right tips, you can give your business the best chance at success. This blog post will discuss seven essential tips for starting up a successful company that generates profits. Follow these tips, and you will be on your way to entrepreneurial success!

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1) Start Planning Early

The first step to starting a successful company is to start planning early. By getting all of your ducks in a row before you launch your business. Write out a business plan, do your research, and allocate the necessary resources upfront. This will save you time and money in the long run.

Starting a business is not something that should be taken lightly. There is a lot of planning and preparation that needs to go into it before you even open your doors for business. If you want your startup to be successful, you need to start thinking about it as early as possible. The sooner you start making plans and doing research, the better off you’ll be.

2) Create a Business Plan

Creating a business plan is essential for any startup. This document will serve as your roadmap during the early stages of your company’s development. Your business plan should include your objectives, strategies, target market, and financial projections. If you take the time to create a comprehensive and well-thought-out business plan, it will increase your chances of success significantly.

A business plan is like a map for your business. It outlines where you want to go and how you will get there. Without a business plan, it’s easy to lose sight of your goals and veer off course. So if you haven’t already done so, sit down and create a detailed business plan for your startup. It will be one of the best investments you make.

3) Research Your Niche

Thorough research is critical for any business, but it’s significant for startups. Before you launch your company, you need to understand your industry inside and out. Identify your target market, study your competition, and learn as much about the business landscape you’re entering. The more prepared you are, the better equipped you’ll be to succeed.

Starting a business without doing any research is like going on a road trip without a map—you’re bound to get lost along the way. So before you take the plunge into entrepreneurship, make sure you do your homework first. The more knowledgeable you are about your industry and market, the greater your success chances.

4) Find the Right Location

The location of your business can have a significant impact on its success. For example, if you’re starting a brick-and-mortar store, you need to choose a high-traffic area with good visibility. Or, if you’re launching an online business, you need to make sure your website is search engine optimized so potential customers can easily find it. So do your research and choose a location that will give your business the best chance at success.

When choosing a location for your business, there are many factors to consider. It’s crucial to find an area that is convenient for customers and has good foot traffic. You also want to make

sure your location is visible and easy to find. Do your research and choose the location that will work best for your business.

5) Hire the Right Employees

The people you hire to work for your startup will play a significant role in its success. That’s why it’s so important to take your time and find employees who are a good fit for your company. Look for passionate, hardworking individuals, and share your vision for the business. If you can’t afford to hire full-time employees, consider outsourcing functions like IT support for companies. With the right team in place, you’ll be closer to achieving your goals.

The key to any successful business has a great team behind it. So when you’re staffing your startup, take your time and hire carefully. Look for employees who are not only qualified but also a good fit for your company culture. With the right people on board, you’ll be well on your way to achieving your business goals.

6) Develop a Strong Online Presence

In today’s digital world, it’s more important than ever for businesses to have a strong online presence. If you want your startup to be successful, you need to ensure potential customers can easily find you online. To create a professional website and make sure it’s optimized for search engines. In addition, be active on social media and build relationships with influencers in your industry. The more visible you are online, the greater your chances of success.

Developing a strong online presence is essential for any business, but it’s especially important for startups. With so much competition, you need to make sure your company is easy to find online. Create a professional website and optimize it for search engines. In addition, be active on social media and build relationships with influencers in your industry.

7) Invest in Infrastructure

A well-functioning infrastructure is critical for any business, but it’s vital for startups. When you’re first starting, you need to make sure everything is running smoothly to focus on growing the business. Invest in quality equipment, reliable software, and other resources that will help your company run like a well-oiled machine. The better your infrastructure, the easier it will be to scale your business as it grows.

If you want your startup to be successful, invest in quality infrastructure. This includes reliable software, top-notch equipment, and other resources that will help your company run smoothly. By investing in a strong foundation, you’ll set yourself up for success and be able to scale your business as it proliferates.

There are many things you can do to increase the chances of success for your startup. From choosing the right location to investing in quality infrastructure, these tips will help you give your company the best chance at success. So take some time to plan and prepare for your launch, and you’ll be one step closer to achieving your business goals.

By following these tips, you can set your startup up for success from the very beginning. Choose a convenient location, invest in quality infrastructure, and hire the right employees. With a bit of planning and preparation, you can increase your chances of achieving your business goals. So get started today and put yourself on the path to success.

 

 




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