FREE web site launched to help start up businesses
One of the most difficult parts of starting up a new business can be understanding all of the accounting and tax requirements.
It is a minefield which many find petrifying but one thing is certain, all businesses need to keep accounts and pay taxes.
To help navigate a path through this minefield, a free web site has been set up and launched by Elaine Clark, a Chartered Accountant who is a start up and small business specialist.
Elaine believes that all businesses should know about their tax and accounting responsibilities from Day One.
Elaine says:
"People start a business to make a profit. So the accounting side of the business is just as an integral part as the sales, marketing, stock management etc.
"It may be the side that most people find uninspiring but let's face it, if you do not know if you have made a profit or put enough aside for your tax then why bother being in business!"
With this in mind Elaine developed FranklyAccounts.co.uk to help new business understand their accounts and what taxes they need to pay and when.
The FREE on line system guides the user through accounts and tax mine field and helps them to understand their responsibilities in this area. There is even an easy to use accounting system which shows how much profit has been made and what tax would be due.
Elaine continues:
"FranklyAccounts.co.uk gives people a start in managing their accounts and tax commitments. This leaves them one less thing to worry about and they can concentrate on running their business".
The system is free to use and can be found at www.franklyaccounts.co.uk