Showing posts with label business bookkeeping for ebay. Show all posts
Showing posts with label business bookkeeping for ebay. Show all posts

Saturday, March 24, 2012

Do You Need Business Bookkeeping For Your Ebay Business?

Business bookkeeping is essential on Ebay or for any online business. The mistake I made when I got started was thinking my business would not grow so rapidly, but even though it started out just as selling a few things here and there, when I found my market niches, it started to grow. I wasn't really paying attention to the amount of additional work that would be caused by my finances, but I wish I did.

Every year at tax time I'd be in a panic because I literally had a weeks worth of work to do. I know what you're thinking. . .I should have kept up with this all along. Yes, I do agree. In the beginning of my Ebay business, that would have been possible without help. But now, forget it. I am not a numbers person because I don't like to do any type of accounting. So now I let OUTRIGHT, a convenient and affordable (free if you choose it to be) online business bookkeeping service do most of my work for me. Right now I am not paying anything for this service. I sell on several different sites. Outright combines all of the figures from those sites into different categories and shows the basic profit and loss statement. I will be upgrading soon because I need some additional help.

I would encourage you, if you are just starting out, to sign up for OUTRIGHT right at the start of your business. You will save yourself a whole lot of time.