Course Information
Course Overview
Learn how to get started with bookkeeping for your small business - finance basics for freelancers in the UK
Finances can feel so overwhelming, particularly when you're starting on your journey into the self employed world.
Finances are the key to your success yet so many people bury their heads in the sand, just outsourcing everything to an accountant at the end of the year and just hoping they've saved enough tax.
This course has been designed to help you understand your business finances, so that you can be as successful as you want to be and feel in control.
As somebody who is new to self employment, you are probably most concerned about how to be compliant, set your business up properly, record what you need to record, get paid and pay the right taxes. We'll work through all of that.
You'll also learn how to take control of your bookkeeping so you are prepared for your year end - and so you understand what needs to be done even if you do decide to outsource it. That's where the control comes in, with the knowledge.
You’ll learn:
Why finance can seem overwhelming and how to take the emotion out of it
What to consider when you’re setting up your business
How to deal with transactions in real time so you don't end up with a bag of receipts
How to set up a regular monthly bookkeeping process
How to create useful financial reports and understand them
This short course has been designed to be visited every day over the next seven days so you can take daily actions and can feel in a much better place with your finances in a week's time.
Understanding your finances and taking control is the first step in building a successful business. Let's do that together.
Course Content
- 9 section(s)
- 29 lecture(s)
- Section 1 Introduction
- Section 2 Day 1: UK business structures
- Section 3 Day 2: The role of accounting software
- Section 4 Day 3: Accounting reports and dates
- Section 5 Day 4: Accounting terminology
- Section 6 Day 5: Recording accounting transactions
- Section 7 Day 6: Checking you haven't missed anything
- Section 8 Day 7: Understanding your business with KPIs
- Section 9 Thank you and next steps
What You’ll Learn
- The difference between UK business structures
- Basic understanding of UK tax regimes and important business dates
- Why accounting software is important for bookkeeping
- Basic accounting terminology and what that means for you and your business (in plain English)
- How to record basic transactions
- The different accounting reports and what they show for your business
- The role of bookkeepers and accountants for small businesses
- When to get extra support
Skills covered in this course
Reviews
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JJennifer LaPlant-Bradshaw
It was a good basic introduction but I would have liked a bit more content.
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NNitin Mahesh
Good teaching
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HHoward Turner
Clear communication of basic principles
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PPavel Katunin
those are just short videos, no examples of software usages, no examples of invoices and so on. She just fires all the facts very fast because she is on a free version of the video recording software (which you can see by the alerts on the screen)