There are many arguments for starting your own business: you are your own boss, you have more freedom and you can decide with whom and how you work. One of the least nice parts is the administration. A subject that most of us would rather not talk about, but no less important. It’s like this: if you put in a good system from the beginning, you will never have to spend a lot of time on it. The opposite, however, is also true, because as soon as yes goes behind with the accounting, the way out sometimes seems far to seek. The latter just too often experienced? Then this article is for you. Read on quickly for 7 ways to better organize your company finances.
- Keeps strictly separated business and private life.
Rule number one: whatever happens, keep business and private alwaysseparate. Calculate messages that you do for the office separately and never pay a dinner with family or friends with your business account. May sound harsh, but if you do not observe this rule right from the start, keeping your records is only very complicated. Moreover, it is a lot more difficult to see how profitable your company actually is. Not really a nice feeling, right?
- Become good friends with the tax authorities
Now you may wonder if we have gone mad, but of course we do not mean this literally. Nevertheless, regular contact with the Tax Authorities can help enormously in understanding the different laws and regulations that may or may not apply to your company. You can, of course, find a lot of information on their website, but since every situation is always slightly different, it may well be that you are entitled to advantageous arrangements without you knowing it yourself.
- Dare to ask for advice.
For the same reason it is important to get good advice. Take an accountant or accountant, even if only for once or twice a year. We would prefer to do everything ourselves, but the chances are that you often take out the money you put into an advisor by using your money wisely.
- Keep an hour administration.
It may seem easier to simply estimate the number of hours you invest in your company, but of course you will not get an insight into which tasks you will take the most time. Moreover, with your hours administration you show that you are a serious entrepreneur, making you eligible for tax benefits more quickly.
- Work according to the ‘baking system’.
In addition to keeping track of your hours, your administration should consist of a number of elements. Examples include incoming invoices, outgoing invoices, receipts, bank statements, tax details and contracts with clients and / or employees. To keep it as clear as possible, you can choose to work for the baking system, where you keep each category in a separate, labeled container. Tip: also keeps everything digital!
- Take advantage of apps.
Dozens of apps are available for organizing your company finances . Do you have trouble digitizing your invoices? Use Scannable, with which you can easily convert any document into a digital version with your smartphone. Is the development of a well-organized system your biggest stumbling block? Download easyZZP, an administration app with which you always have your administration at hand. You can not think of it so crazy or it is there.
- Make time for it.
If you are busy with assignments, it may not seem like a good idea to spend a few hours on your finances – after all, you will not be paid for it. Nevertheless, we advise you not to go through the companies quickly, but always take plenty of time to do so. Difficulty with plans? Speak a fixed day with yourself on which you do the tax; By introducing structure it will no longer be unexpected and you will automatically take this into account when planning your work.