Information is the key to understanding the successes and failures of your
business and the key to making appropriate business decisions to avoid
future failures and capitalise on success.
A proper accounting system is not a luxury that small businesses can do
without, it is a necessity that they cannot afford to be without.
Thompsons have published a guide designed to help you take the first steps
in accounting. It explains what accounts are, why you need them and what
they mean. It also explains the minimum accounting records that your
business will need to keep.
The guide has been written for the managers and owners of small businesses.
For simplicity the examples given are based on the accounts of a small
limited company. However the principles illustrated apply equally for sole
traders.
For a free copy call me on 01624 611108 or email me at
lthompson@thompsons-cas.com.
Best wishes,
Liam
Liam Thompson
Thompsons
Chartered Accountants & Business Advisers
Royal Trust House
60-62 Athol Street
Douglas
Isle of Man
IM1 1JD