The option to work from home continues to gain in importance as part of a modern workforce. To ensure that you can work efficiently and securely from home, certain precautions should be considered. Generally, employees are free to design their home office spaces as they wish....
An ergonomic workspace is an important pillar of the healthy work life. But many people are missing the know-how to create a more ergonomic environment. Illness, discomfort, and a lack of motivation can be the consequence. And yet, an ergonomically-designed workstation is easy to...
If you’re planning to set up an online store, you have a lot to consider. Amongst other things, your checklist will include applying for a business license, developing a concept, and calculating your finances. But don’t despair! A host of e-commerce programs and optimisation...
Sitting for hours on end is not beneficial to mind and body. So, what can you do if you have to work every day as an office worker, where for most of your job you must sit? Exercising at work can help! It is wholly possible to integrate exercise in the office into your routine...
On average, HR spend four minutes on each application. That’s why you should make sure your curriculum vitae is setup in such a way that it’s easily skimmable – the best way to do this is with a tabular CV, which covers all your bases. With our free CV template, we’ll show you...
Online time trackers make it easier for you to track your employee’s working hours. Furthermore, many applications offer comprehensive functions that go well beyond mere timekeeping. This way, you simplify your personnel planning and resource planning. It’s not only large...
Whether it’s in the field of mobile or social media, various methods can help bring applicant management into the digital age. E-recruiting can help make it easier for you to find better candidates, strengthen your employer brand, and free up your HR department. This saves money...
How can I save on tax? This is an eternal question for the self-employed. In order to be well-versed in questions of tax, and improve your own financial situation, you need the necessary information: What taxes have you incurred? And what can be deducted from them?
Costs incurred during a business trip can be claimed back from the employer or in your own tax return. In order to do this, you need a detailed list of the individual costs in the travel expense report. But which costs can be claimed for tax purposes and to what extent? And what are the differences between business trips at home and abroad?
Pop-up shops: they usually disappear as fast as they appear. These are shops that are deliberately operated for a limited time and in which limited products are usually offered. A pop-up shop offers new entrepreneurs an opportunity to present themselves to customers for the first time and enables online shops to launch offline with less risk.
What is motivation and how can I inspire my employees? The question is decisive for a company’s success. Employee motivation encompasses all methods that aim to strengthen employee job satisfaction and motivation to work well. According to this definition, long-term motivation can only come from within. With the right prerequisites and a constructive management style, it is possible to motivate...
Double-entry accounting or double-entry bookkeeping is an essential part of the accounting system. Lots of entrepreneurs have a hard time with bookkeeping, when in fact it should be a boon and provide a detailed overview of your finances. Double-entry accounting isn’t an impossible undertaking. This guide explains the step by step fundamentals of double-entry accounting, and will turn you into a...
Facilitate the settlement of transactions with regular customers by combining regular deliveries or other services in a collective invoice. Periodic billing of this kind facilitates bookkeeping and saves time and money. Please refer to our article for the tax requirements that apply to the preparation of collective invoices.
Merchants pursuing trade activities are legally obliged to prepare annual accounts based on double-entry bookkeeping. The profit and loss account is an integral part of this, as it demonstrates just how successful a company was during a given financial year. When you close your nominal accounts, it is important that the structure and sequence of your profit-and-loss accounts abide by various...
All beginnings are difficult - this also applies in setting up a business. Luckily, there are three special schemes where small businesses have an exception for all things accounting, including registering as VAT exempt. However, the status of a small business is not always helpful, and in some cases it may help to register for VAT even if you’re not obliged to – check out the pros and cons.
According to the Her Majesty’s Revenue & Customs (HMRC), a small business is a privately-owned and operated business with a small scale of trade and a small number of employees, depending on the industry. Small businesses are commonly referred to by the European term “SME” which stands for Small to Medium-sized Enterprise. An SME can be a limited company, partnership, or sole trader. There are...
When two or more people join together to operate a business, they often choose a limited partnership as their legal structure. Whilst it is fairly simple process to start a limited partnership, provisions regarding liability can sometimes pose major challenges to shareholders. Whoever enters into a limited partnership doesn’t just take over a part of the management duties, they also become...
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