Have you started a small business or are thinking of starting one? In today’s video, I go through the basics of small business record keeping. I discuss what the bare minimum you need to do is and what options you have. I talk about business accounting software such as Xero, spreadsheets and old school pen/paper.
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What method do you use for your small business?
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🔥 Join Our Discord! The Rooshocks Discord allows me to answer questions about Business, Tax, Crypto and NFTs. It’s also the place where you can get up to date information on my NFT project, Rooshocks! - / discord
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💰 My Accounting Business - rooshockaccounting.com.au/
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🖼️ My NFT Project, Rooshocks - rooshocks.xyz/
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💼 How I Track My Crypto Investments for Tax Time
Crypto Tax Calculator - cryptotaxcalculator.io?fpr=xo5ak (Get 20% Off using the code BFF2020)
Koinly - koinly.io/?via=9B29D87A (Get 25% Off using the code 9B29D87A)
CoinTracking - cointracking.info?ref=E484421
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✏️ How I Track My Investments for Tax Time - portfolio.sharesight.com/refe...
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✍ Personal Finance Blog - ethanrooshock.com/
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📖 Chapters
0:00 Intro
0:18 Record Keeping for Small Businesses
0:39 Why is Record Keeping so Important
3:05 Xero (Or other Accounting Software)
5:33 Spreadsheets
8:14 Other Methods
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Ethan 'Rooshock' (Rucioch) is an Australian business owner in his mid 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling as well as watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even some social media marketing content.
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CONNECT WITH ME HERE:
👍 Facebook - / ethan-rooshock
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💼 LinkedIn - / ethan-rucioch-037b44a3
✉ Email - ethan@rooshockaccounting.com.au
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Music - www.bensound.com
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Disclaimer
The information in this video and on this KZread channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks NFT Pty Ltd or any other related party may receive a commission through these.
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#smallbusinessrecordkeeping #xero #xerovsspreadsheet