FREEDOM BOOKS - The Midas Method

Keeping Books

This is the number one golden, unbreakable rule for ALL businesses, particularly small ones:

KEEP GOOD, ACCURATE BOOKS

Without a doubt, this is the weakest area for most small businesses. There is no excuse for it. Book-keeping on this level is a snap! If you don't understand it, then there are dozens of excellent books which you can buy which will teach you, and it won't take long to learn, either.

If you really don't want to be bothered with this, then advertise for someone living locally to come in, say, one morning a week to do them for you; it won't cost a fortune and this will be the best money you ever spend.

The worst thing you can possibly do is to launch into your business without a proper book-keeping system installed, it will be a total shambles within a very short time; it will take months to unravel the mess and could cost you a lot of money.

It should take less than one day to install a system which will take you to a half million pound turnover and beyond; again, advertise for someone to set you up and explain it to you, it will be the best investment you ever made.