what impact does bookkeeping have on the success(ie. profitability, sustainability etc.) of small scale-businesses?  can small businesses cope without accounting?
126901
Bookkeeping is very important in a small-scale business for tracking cash flow and profit and loss. It does not have to be complex and could in most cases be done on one ledger. Without the information of turnover and expense the business owner would have an unclear view of the true value of the business.
367323
Profits can be really good but it takes a lot of time to run this kind of business on your own\n\n\n\n\nhttp://suppliers.50webs.org
295267
The role of an Accountant may include aspects of the following:-\n\n- Tracking company expenses\n- Writing, error checking, analysing financial documents\n- Identifying problems and inefficiencies with the way the business is run\n- Ensure the correct tax is paid\n\nDepending on the job, the accountant may also perform audits of any client companies.\n\nA management accountant works at the cross-company level, looking at budgets, costs, assets, yearly targets, tracking year to date against and highlighting issues and areas that can benefit from streamlining efficiencies.\n\nYou will need a good head for figures and numbers, enjoy analysis, and will need a BA degree.\n\nJob prospects are good for graduates - lots of large firms hire many trainees every year. Training salary is low but once qualified the rewards can be very good.
398416
Do you mean a good location to start an accounting business?\n\nIf you want to start an accounting business, location is not that important.  All you need is advertising.  For a retail business, it is different;  because  you need a lot of pedestrian traffic.   \n\nA good location for accounting could be in a business district or a populated area.
390741
If a business has a large amount of receivables this would show profit on the Income Statement but not affect cash. \nAlso, if the company took on new debt, it hasn't affected cash or profit, but will affect it when it comes due.\n\nIt isn't important that a business have a profit every month. What is important is that the business is growing and has potential to be profitable. If the company is a start-up, it may show a loss. This is far better than company that used to be profitable and has a shrinking profit margin, possibly with a small profit. Especially if the small profit is from capital gains and not operating gains.\n\nI think that one measure of a company's size is ownership. A company could have a relatively large amount of revenues and still be considered small because it is closly held. As far as a revenue amount, I don't know where the line is generally drawn. I think its a relative thing. A business is compared to others within the industry.
322876
While both are fairly equal in those traits, database would probably be less boring.  On the otherhand, a good accounting background is very helpful in any programming or database job
48190
Quicker Tax Preparation: As a sole proprietor, filing your taxes is generally easier than a corporation.Simply file an individual income tax return (IRS Form 1040) including your business losses and profits. Your individual and business income are considered the same and self-employed tax implications will apply.\n\n\nLower Start-up Costs: Limited capital is a reality for many startups and small businesses. The costs of setting up and operating a corporation involves higher set-up fees and special forms. It's also not uncommon for a lawyer to be involved in forming a corporation.\n\n\nEase of Money Handling: Handling money for the business is easier than other legal business structures. No payroll set-up is required to pay yourself. To make it even easier, set up a separate bank account to keep your business funds separate and avoid co-mingling personal and business activities.
462380
I have written a lot about home-based businesses.\n\nBut if I were to write a research paper, I would start with data on home businesses. Start with the Bureau of Census data, specifically the Characteristics of Business Owners Survey , which offers data on home-based businesses. http://www.census.gov/csd/cbo/\n\nThen check out academic studies on the failure rates of businesses. SBA has a study entitled "Redefining Busines Success: Distinguishing Between Failure and Success" by Brian Headd that looked at the characteristics that result in better chances of survival. The study also looked at the factors that were characteristics of closure. One of the factors the study considered is whether being home-based can contribute to the success or failure of a business -- and they found it as a positive factor that could help a business succeed. You can read about the study at http://www.sba.gov/advo/stats/bh_sbe03.pdf\n\nThen check out various sites that focuses on information on home businesses (not the sites that pitch about what home business you should do).
48251
Credit is the lifeblood of American business, especially for the smaller firm. It helps an entrepreneur get started, purchase equipment, build inventory, develop new lines of merchandise or expand. Credit helps businesses grow.\n\nSurveys have found that, aside from personal savings, banks are the major source of capital for starting new firms. According to a report by the National Federation of Independent Business, 85% of loans to operating small businesses come from banks.\n\nIf your small business needs financing, you need to begin preparing long before you enter the bank. By knowing what lenders are looking for, you can speed lender consideration of your application.\n\nBy presenting your case in the best possible light, you enhance your chances of getting the financing you need. Remembering this basic rule may save you time and effort when seeking bank financing for your business. Here are basic guidelines\n\nThe first thing you need to know is narrow down your request by answering the following questions:\n\n1. How much do you need?\n\n2. What are you going to use the proceeds of the loan for, and for how long?\n\n3. How are you going to repay the loan, and under what terms?\n\n4. Who is going to borrow the money? Is it going to be you personally or other legal entity such as a corporation or a partnership?\n\n5. What assets can you pledge to secure your loan, which would make your loan officer sleep soundly at night, if he decides to approve your loan?\n\nThe Groundwork\n\nIn seeking a loan for your firm, you essentially ask the bank to become your business partner. Before entering the market for a loan, make sure you've done all necessary groundwork.\n\nWhat shape is your business in? Remember, loans are the products that banks sell. Look for the best combination of price, quality and reputation of supplier. In the end, getting a loan depends upon your credit-worthiness. Ask your banker for assistance.
2207
The first thing to note is that the answer to which is more interesting is completely subjective. If you took a random survey, my guess would be that more people would answer finance rather than accounting - but the bean-counter stereotype of accountants is rapidly changing with the hype generated by Worldcom, Enron, and the Sarbanes Oxley (SOX) Act.\n\nPublic accounting is a mighty interesting place to be, my recommendation would be take Intermediate Accounting - that's what will determine whether you can stand accounting. Nonetheless, auditing is a great springboard into anything in the business world.
650904
The first bug step is to have a business plan. You will need to define the direction of the business and then project the financial requirements to meet your goals. If you are not an accounting type you would probably do well to find one to help you with the business plan.\n\nInvestors will then be able to see you business concept and the potential return for their investment. And most importantly, if you have a professional business plan they will take you seriously.
415729
Accounting is like technology in a way. Any job where you hope to be a manager will require you to be a bookkeeper and/or an accountant, and like technology, it all helps you move up the chain faster at any company. Even the online director at a company has to be an accountant. Entrepreneurs have to be accountants and techies to get investors.
165555
profitability, financial condition and cashflow
56577
This site has a wonderful explanation on the designing of accounting system in an organisation. Please be patient enough to read through. http://www.futureaccountant.com/accounting-process/study-notes/\n\n\nhttp://www.futureaccountant.com/\nhttp://www.schoolingkids.com
326027
Bookkeeping.  If you're good at it, you're a much better company than a larger bookkeeping firm, because you can give businesses personal assurance.  Businesses like to have a one-on-one relationship with their bookkeeper, and you'd be able to provide that.\n\nYou probably don't need any kind of college degree, though you'd almost certainly want to take classes on it.  And it would be much easier for you if you got a CPA.  Not because it's necessary, but it's easier to get clients that way.  They'll trust you more if you're a CPA and it'll be easier to get new business.  Plus, it's just cool to be able to call yourself a CPA.\n\nBesides computer software and printing supplies, there are almost no expenses.  And if you're intelligent, it's fairly easy and you can make decent money.  The website I linked to below could help you with this kind of stuff, though I've never taken any of their classes and don't know if they're any good.\n\nAnyway, if you really want a decent at-home business, this is it.  That's what I do, and I like it a lot.  I'd rather not work at all, but this beats digging ditches.  And I get to sleep late.
9891
If I understand your question right, then the relevance is that a computer can do a huge amount of complicated accounting work with no errors. Which is a big plus over humans doing that work.
587991
Hard I guess depends all on what are you good at. But just to give u an Idea Auditing and the Accounting papers are both 4 hours long , the regulation is 3 hours and the bussiness is only 2.5 hrs so I guess if u want to thought with the shortest ones then that will be a good idea. That is what I am currently doin BEC and REG