{"id":25282,"date":"2016-12-08T20:17:18","date_gmt":"2016-12-09T00:17:18","guid":{"rendered":"http:\/\/www.andysowards.com\/blog\/?p=25282"},"modified":"2016-12-08T20:17:18","modified_gmt":"2016-12-09T00:17:18","slug":"financial-tips-business-owners-need-to-know","status":"publish","type":"post","link":"https:\/\/www.andysowards.com\/blog\/2016\/financial-tips-business-owners-need-to-know\/","title":{"rendered":"Financial Tips That All Business Owners Need To Know"},"content":{"rendered":"<p>You may think that running a company would mean that you are a whizz with numbers. But, in actual fact, that\u2019s just not the case. It\u2019s fair to say that there aren\u2019t many successful business owners who are also knowledgeable about financial matters. So there is no wonder that many company owners try and get all the help they can with their accounts and business finances. Do you need some tips to help you get through the tax year? Here are our favorite.<\/p>\n<h3>Don\u2019t Put Things Off<\/h3>\n<p><a href=\"http:\/\/www.businessinsider.com\/ways-to-stop-procrastinating-right-now-2016-1\" target=\"_blank\"><img decoding=\"async\" data-src=\"https:\/\/www.andysowards.com\/blog\/assets\/ways-to-stop-procrastinating-right-now.jpg\" alt=\"ways-to-stop-procrastinating-right-now\" width=\"960\" height=\"480\" class=\"alignnone size-full wp-image-25283 lazyload\" data-srcset=\"https:\/\/www.andysowards.com\/blog\/assets\/ways-to-stop-procrastinating-right-now.jpg 960w, https:\/\/www.andysowards.com\/blog\/assets\/ways-to-stop-procrastinating-right-now-768x384.jpg 768w\" data-sizes=\"(max-width: 960px) 100vw, 960px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 960px; --smush-placeholder-aspect-ratio: 960\/480;\" \/><\/a><br \/>\n<em>21 ways to stop procrastinating right now<\/em><\/p>\n<p>It can be all too easy for entrepreneurs to neglect working on their finances until it is too late. This is a huge mistake to make! If you do cut things tight, you might miss deadlines for filing your taxes, which can end in a huge fine from the taxman! One thing to bear in mind is that if you put off all your accounting work, it isn\u2019t going to go away. In fact, it will pile up, and you will only have more to do at a later date!<\/p>\n<h3>Get An Accountant<\/h3>\n<p><a href=\"https:\/\/doubleyourfreelancing.com\/how-to-hire-an-accountant\/\" target=\"_blank\"><img decoding=\"async\" data-src=\"https:\/\/www.andysowards.com\/blog\/assets\/doubleyourfreelancing-how-to-hire-an-accountant-1024x538.png\" alt=\"doubleyourfreelancing-how-to-hire-an-accountant\" width=\"1024\" height=\"538\" class=\"alignnone size-large wp-image-25284 lazyload\" data-srcset=\"https:\/\/www.andysowards.com\/blog\/assets\/doubleyourfreelancing-how-to-hire-an-accountant-1024x538.png 1024w, https:\/\/www.andysowards.com\/blog\/assets\/doubleyourfreelancing-how-to-hire-an-accountant-768x403.png 768w, https:\/\/www.andysowards.com\/blog\/assets\/doubleyourfreelancing-how-to-hire-an-accountant.png 1200w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/538;\" \/><\/a><br \/>\n<em>RUNNING YOUR FREELANCING BUSINESS: How To Hire An Accountant<\/em><\/p>\n<p>It could be worth outsourcing most of your accounts to a <a target=\"_blank\" href=\"http:\/\/www.blumandclark.com\/services\">professional accountant<\/a>. They can take most of the <a target=\"_blank\" href=\"https:\/\/www.andysowards.com\/blog\/2016\/tie-loose-ends-business\/\">hard work<\/a> off your plate so that you have a lot more time to do the things that you know you are good at, such as people management and marketing. Another big advantage of getting an accountant to do your books is that you don\u2019t have to worry about making a mistake with our taxes. And that can save you a hefty fee! Once you have managed to build up your business quite substantially, you will be able to hire a dedicated finance department who will be able to take on all your books.<\/p>\n<h3>Personalize Your Financial Stationery<\/h3>\n<p><a href=\"https:\/\/www.buzzfeed.com\/jenniferschaffer\/write-a-letter-diy-projects?utm_term=.rtGXEwzzg#.ebpkrpPPb\" target=\"_blank\"><img decoding=\"async\" data-src=\"https:\/\/www.andysowards.com\/blog\/assets\/write-a-letter-diy-projects.jpg\" alt=\"write-a-letter-diy-projects\" width=\"600\" height=\"399\" class=\"alignnone size-full wp-image-25285 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600\/399;\" \/><\/a><br \/>\n<em>17 DIY Stationery Projects That Will Make You Want To Write A Letter<\/em><\/p>\n<p>Want to really impress your clients and customers? Then why not think about getting some personalized financial stationery, such as <a target=\"_blank\" href=\"https:\/\/www.checkomatic.com\/quickbooks-checks\/\">intuit checks<\/a>. You can get a wide range of checks and other stationary items that can be personalized with your company\u2019s branding and logo. This will really help your company stand out from all of your competitors!<\/p>\n<h3>Working More Doesn\u2019t Mean More Money<\/h3>\n<p><a href=\"http:\/\/www.inc.com\/tom-popomaronis\/science-says-you-shouldnt-work-more-than-this-number-of-hours-a-day.html\" target=\"_blank\"><img decoding=\"async\" data-src=\"https:\/\/www.andysowards.com\/blog\/assets\/science-says-you-shouldnt-work-more-than-this-number-of-hours-a-day.jpg\" alt=\"science-says-you-shouldnt-work-more-than-this-number-of-hours-a-day\" width=\"970\" height=\"450\" class=\"alignnone size-full wp-image-25286 lazyload\" data-srcset=\"https:\/\/www.andysowards.com\/blog\/assets\/science-says-you-shouldnt-work-more-than-this-number-of-hours-a-day.jpg 970w, https:\/\/www.andysowards.com\/blog\/assets\/science-says-you-shouldnt-work-more-than-this-number-of-hours-a-day-768x356.jpg 768w\" data-sizes=\"(max-width: 970px) 100vw, 970px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 970px; --smush-placeholder-aspect-ratio: 970\/450;\" \/><\/a><br \/>\n<em> Science Says You Shouldn&#8217;t Work More Than This Number of Hours a Week<\/em><\/p>\n<p>Most entrepreneurs think that the more they work, the more they will earn. This might be true to a certain point, but there will be a point where you\u2019re over productivity isn\u2019t actually making any extra money. As a result, it doesn\u2019t make any sense to work for longer than you need to. To make sure that you aren\u2019t overworking, you need to figure out how much you earn overall. Then, you will be able to figure out how much you would earn per hour if you worked a forty hour week. This should give you a good idea of whether or not you are currently working more than you should be. <\/p>\n<p>Don\u2019t worry if your financial skills aren\u2019t too hot; your other entrepreneurial skill set will certainly make up for it! And now, hopefully, all of these tips will make the financial side of business slightly easier!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You may think that running a company would mean that you are a whizz with numbers. But, in actual fact, that\u2019s just not the case. It\u2019s fair to say that<\/p>\n","protected":false},"author":1,"featured_media":25286,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[109],"tags":[2119,5891,988,578,5493,5487,5898,4185,688,5482,5486,533,4186,3199,115],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Tips That All Business Owners Need To Know<\/title>\n<meta name=\"description\" content=\"You may think that running a company would mean that you are a whizz with numbers. But, in actual fact, that\u2019s just not the case. 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