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Eventually someone has to do the bookkeeping for the enterprise. Retailers will certainly want receipts and you may find yourself involved in VAT. A simple method is usually the most effective, unless of course you are an accountant going into chickens in which case it would be a good idea to produce a simple clear booklet on the subject for everyone else to follow. . It is astonishing how dynamic entrepreneurs go to pieces over 'the books'. We have eventually decided after much trial and error and a continual endeavour to switch responsibility from one to the other that the only answer is to compile figures daily. It only takes a few minutes and becomes part of a routine. However, we still find that this is the most arduous part of the whole enterprise |