How to lay out a business ledger? -

I ve recently set up a part time, business. I sell items on ebay do carpentry joinery on weekends etc. I ve recently purchased a ledger. It has all lined sections etc but no literature like cash , expenses etc at the top. What is the best way to lay it out. Also what paperwork do i need to keep with the selling on ebay. thanks.

You need to keep a ledger (or cash book as they are more often called) for both businesses - you cannot get the two mixed up as they are different.You could head the sections on the income side: date, name of client/customer or item sold, whether cash or cheque, then total.On the expenditure side you need to make your headings: date, description, cheque no, total and then analyse across with headings such as purchases, materials, travel, packaging, - whatever works for the businesses. Total each collumn at the end of every month and reconcile to the bank accounts. Thsi will make it easier for your accountant at the end of the year.You need to keep all paperwork for all income and expenditure - invoices and recipts, paypal statements and bank statements.

I have to start advertising business on my own, but I feel very uncomfortable meeting the prospective clients? -

I have never been into marketing field. Any tips ?

It will be uncomfortable in the beginning and is true for all beginners.Just go a head, You will make it.

First Thing First......................... Are you ready to do the business????????????? answer the question to yourself. if it is yes then you can move forward, but unfortuniatly its no, in many cases it comes no, then you have to first prepare yourself for the business.Exactly what you feel is a fear to loose your client, but my dear friend there should be something in your hand to loose it. At the moment you have prospective clients who CAN BE your customers. so dont worry, just go on express your business to them in your way. Any client never expect that the service provider will have the same conditions what he is looking for, nighter even you. Tell me every one of us like to buy a kilo apple in just Rs.10.00 but dose the sales man bother of this. he just do the thing and shows his fruit quality and we purchase it at Rs.100/kg. Its not strange.But it dosnt means that you just present yourself in a foolish way, before going to meet any client first of all you have know clients requirement, get it by asking on phone when he rings you or whenever you get first verble contact. make a presentation plan and do as per it. Keep in your mind that client will ask you Un-expected questions! if you are not sure about the answers just tell him you will answer it in next meeting. It means you have engaged him for atleast next meeting. he wont go anywhere untill you answer him.A Client is not a man eating tiger, He is one who come to help you to build your business. He is very important to you evenif he did not make any deal with you, he teaches you or highlights your weakness. get concentrate on the same and improve it in next meeting with another client. After all GOD WILL ASK YOU TO PUT THINGS DOWN WHEN HE PLANS TO GIVE YOU BETTERWish you a prosporus business.and yes, the last but not the least. Every one owns a best marketing executive to its business, he never makes one down, he always keeps marketing, he never asks for the sallary, his name is YOU

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