Book-Keeping

I'm getting to grips with book keeping - I did used to help out in a small business accounts department so I've picked up a few tips but also plan to attend a book keeping workshop!

I've set up my Book keeping procedure though already.
Daily, I write into a little book the incoming and outgoing for that day and then I can tott it up on a weekly basis and add it to a spreadsheet.

I keep all receipts and I mark them with a receipt number (made up but consecutive) and also right it next to the outgoing in the little note book.
I then file all the receipts in a little file, in month order. I plan to also list all receipts and numbers and put this in month order too, I'll do this weekly too!

A bit over the top perhaps but I figured this way I'll be totally on top of the books and will be able to work out my tax return when it comes to filling it in.
Doing a little bit daily should stop a mad panic at the end of the financial year as well!!

Silver Linings

I made the big leap and I'm now officially self employed! Its very scary and overwhelming as at yet, I've no money coming in and therefore no income.
So at the minute, I'm doing everything I can to get myself out there with promo and of course, I am building up my stock.

Today I felt a drop in energy and motivation, I felt like I had made a big mistake but also feel like I cant go back either so I felt a bit stuck between a rock and a hard place. However, I can only really go onwards and upwards or pack it all in and be miserable! To cheer myself up, and inspire myself, I thought I'd actually think about all the things I've acheived so far.

I gave myself a massive task list of all the things I have to do these next few weeks and I'm pleased to say I have managed to cross more than a couple off the list. I've also completed a couple of projects that were outstanding. 

I'm also proud of myself for learning a new skill today! See,  every cloud does a silver lining if you look hard enough.

photo by flickr user maistora

I've also realised, I need a bit of guidance from professionals and so I have contacted Blue Orchid who help new startup businesses - especially Women in the Manchester and Liverpool areas. They offer workshops in various things like business and book keeping. Check them out if you fancy making the big leap!

the plunge

So I've gone full time on the business as from this week- the business covers a lot of genres from crafts to photography to artwork.
At the minute though I'm not exactly rolling in it - in fact I've earned nothing so far so I've not even registered as self employed yet.
However! it's not all doom and gloom, I'm in the middle of building up my stock and then getting it advertised and I'm looking into funding and business advise.
I will of course blog as soon as I find anything or if something interesting happens!!
Tasks this week:

• Sell my car
• Look into funding
• Create and list stock

oh and as an after thought I'd better tidy the house as well!!