Table of Contents
Introduction 1
Book I: Getting Started 7
Chapter 1: Preparing for Business 9
Chapter 2: Structuring Your Business 25
Chapter 3: Testing Feasibility 45
Chapter 4: Preparing the Business Plan 67
Chapter 5: Finding the Money 83
Chapter 6: Operating Effectively 113
Chapter 7: Improving Performance 135
Book II: Accounting Basics 155
Chapter 1: Getting Down to Bookkeeping Basics 157
Chapter 2: Outlining Your Financial Roadmap with a Chart of Accounts 177
Chapter 3: Keeping a Paper Trail 193
Chapter 4: Surveying Computer Options 223
Chapter 5: Controlling Your Books, Your Records, and Your Money 233
Chapter 6: Tracking Your Purchases and Counting Your Sales 249
Book III: Reporting Results 277
Chapter 1: Profit Mechanics 279
Chapter 2: Developing a Balance Sheet 309
Chapter 3: Cash Flow and the Cash Flow Statement 321
Book IV: Managing the Finances 343
Chapter 1: Managing Profit Performance 345
Chapter 2: Forecasting and Budgeting 367
Chapter 3: Choosing the Right Ownership Structure 391
Chapter 4: Cost Conundrums 409
Chapter 5: Choosing Accounting Methods 427
Chapter 6: Professional Auditors and Advisers 449
Book V: Employing Staff 465
Chapter 1: Working Out the Wages 467
Chapter 2: Employee Payroll and Benefits 479
Chapter 3: Completing Year-End Payroll and Reports 505
Chapter 4: Adding Up the Bill for Time Off 517
Chapter 5: Figuring Out Final Payments 527
Chapter 6: Making Provision for Life after Work 539
Book VI: Keeping On Top of Tax 555
Chapter 1: Working for Yourself 557
Chapter 2: Considering Your Company’s Status 571
Chapter 3: Taxes, Taxes, and More Taxes 587
Chapter 4: Adding the Cost of VAT 605
Index 621
