Once you have decided that your company is to be a limited company you will become a Director of that company. But what are your responsibilities? As a Director you are legally responsible for the following …
There is a vast array of accounts software available for keeping your accounts which can be overwhelming if you don't know what you need to do or the best way of doing it. When you set up a business you need to record your trading income and your trading expenses. This is basic accounting and can be done by keeping a hand written record of your bank and cash transactions in a cash book. As your business grows you may find it a bit tedious to …