When you start a business there are 4 different taxes you should be aware of. Unpaid taxes are a major reason businesses fail. Understand , that the money you collect is taxed, so a portion of that money goes to the government. That is why it is beneficial to have a bookkeeper. We will keep track of how much you owe and when you owe it based on the transactions made in your business.
Many times we think it is difficult to take control of our finances. You don’t have to be a guru. You simply just have to start somewhere. Discipline is the key to success. If you don’t have discipline it will be hard to reach your goals. So I am going to share 5 simple basic things you need to finesse your finances.
1.) Create income
Now that the national independence day is over its back to business. I hope you enjoyed the holiday with family or time with your self to reflect and enjoy life. Although it is no longer Independence day, we still have to work and look forward to one other independence day, and that is the day you become financially free!.