Creating a web store: the cornerstone of seed money

Seed money for your web store

 

When planning the finer details of your web store, rushing through your financial plan can lead to chaos. It’s important to be aware of how much money you need to spend, and only an extensive finance plan can provide the necessary security for the development of your web store....

 

Neuro-linguistic programming (NLP)?

Neuro-linguistic programming (NLP) explained

 

Neuro-linguistic programming, NLP for short, is a collection of tools and models designed to facilitate and strengthen communication in various areas of life and work. The goal is to better understand oneself and others, and to make positive changes. We will tell you exactly what...

 

Cost of sales method

The cost of sales procedure in the context of profits and losses

 

The profit and loss account (P&L) is also called an income statement. All general ledger accounts are summed up with expenses subtracted from the income to leave a profit or loss amount for the period, which is usually one financial year. Daily operating expenses are summarized...

 

SMART goals

How to achieve more by setting SMART goals

 

Have you heard of SMART goals, but you’ve never used an organized and effective method for setting objectives? We’ll explain the advantages of SMART goals, how to use the technique for your personal and business goals and what to watch out for with this method. Because, like all...

 

Start a sole proprietorship

How to start a sole proprietorship

 

A sole proprietorship is one of the easiest types of businesses to set up. All you need to get started is a business idea and a bit of courage. The one-person business does not require registration with the state, but there are plenty of other requirements you will need to...

 

Home office tax deduction

How to deduct working from home from your taxes

 

Whether you’re self-employed or employed – a growing number of professionals are working from home and many even set up a dedicated space to perform their job duties. To reduce any resulting financial burden, the costs for working from home can be deducted from your taxes....

 

Double-entry accounting, explained simply and briefly

Double-entry accounting simply explained

 

Double-entry accounting or double-entry bookkeeping is an essential part of the accounting system. Lots of entrepreneurs have a hard time with bookkeeping, when in fact it should be an aid to you and provide a detailed overview of your finances. Double-entry accounting isn’t an...

 

Legal requirements for cash registers

Whether you are operating an open cash register, an electronic cash register with a print drive, or a modern PC cash register, your records are subject to the same legal requirements. Our article provides an overview of the different types of cash registers available, and outlines the legal requirements their records must adhere to.

Loss carryforward and loss carryback: how you can save on taxes

Just because your business has been running smoothly for years, it doesn’t mean that things will always be this way. There could be times where the expenditures of your business are greater than its revenues. It wouldn’t be fair to expect the company to pay tax when it isn’t as financially stable as in previous years. This is where the provisions, loss carryforward, and loss carryback come into...

What is sales tax? The basics explained

Everyone has to deal with sales tax in some form or other. Sales tax is one of the most important sources of income for the government. But what is sales tax exactly? And who actually has to pay it? Which tax rate applies to which products? How do you calculate sales tax? The most important information on sales tax at a glance.

Corporate income tax: the basics at a glance

Corporate income tax is not as well-known as regular income tax although the two are very similar. While income tax is payable by private individuals and others, corporate income tax just relates to the taxable income of corporations and other entities. In this guide, we will answer the following questions about corporation tax: How is it calculated? How high is it? Who has to pay it, and who...

Creating goods receipts with delivery note templates

A goods receipt is a useful document for both the supplying company as well as the recipient and should therefore be sent out with all deliveries, especially large ones. Even though it isn’t required by law, it’s standard practice in sales. Once you’ve found the right template, you can create a delivery note in minutes.

Writing an order confirmation: what is it and how do I draw one up?

When an order is placed with you or your business, you ought to write up an order confirmation. This confirms to the person who has made the order that their purchase is being processed and also summarizes all the relevant information, e.g., price, product details, delivery date, etc. But what exactly is an order confirmation and what should you be aware of when preparing such a document?

Quotation templates: how practical samples work

With a professional template, you can increase your chances of turning the interested party into a customer. In order to achieve this, the quote should correspond to the recipient’s needs as well as have a professional structure, layout, and content. Quotation templates for Word and Excel offer the perfect support.

Writing a past due letter: samples for professional letters requesting payment

Would you like to avoid defaulting customers, but you don’t know how? With 1&1 past due letter templates you can easily write your reminders. With prewritten texts for the first, second, and third letters, you can strengthen the management of your receivables. The aim of an effective dunning procedure is to reduce the number of customers and reduce the risk of loss of receivables. We will show you...

Accounting principles: National and international standards

Accounting standards are used as a way to unify annual and consolidated financial statements. The standards make statements both more meaningful and easily comparable. Accounting principles exist at both the national and international level. But which standards should be observed? We provide you with an overview of the objectives and functions of commercial accounting, as well as the specific...


Wait! We’ve got something for you!
Have a look at our great prices for different domain extensions.


Enter the web address of your choice in the search bar to check its availability.
.club
$1/1st year
then $15/year
.com
$1/1st year
then $15/year
.info
$1/1st year
then $20/year
.me
$1/1st year
then $20/year