Best Small Business – For Building Profits in an or Less Per Day

By: kelly price

Here you will find a business that costs very little to start, can be run in an hour ort less a day and can easily make 100% or more in annual profits. There is never a recession and best of all you only need a few hundred dollars to get started – let’s look at it.

This business is becoming a forex trader form home – If you have never considered forex as a business you should!

Here are the advantages that make this one of the best small business opportunities around:

- You can open an account with a broker online with $500.00 or less.

- You will be granted leverage of 200:1 as standard allowing you to trade $100,000.00 meaning you get more bang for your buck.

- Your overhead is very low all you need is a computer and an internet connection and your all set

- You don’t need any expensive staff, offices or stock.

- Anyone can learn forex trading and we will return to this point later in the article

- There is never a recession as one currency rises another must fall creating constant opportunities for profit.

- You can run this business in around an hour a day from anywhere in the world

- You can take holidays and breaks whenever you wish.

- It has the potential to make triple digit profits.

This small business is one that puts you in control of your financial future and is easy to learn a the following story will illustrate.

In 1983 legendary trader Richard Dennis taught a group of people with no trading experience to trade leveraged financial markets in just 14 days.

Dennis then let them trade to trade.

The result?

They made him $100 million and went on to become some of the most famous traders of all time.
The fact is that Forex trading is a learned skill and can be done by anyone with a desire to succeed and learn.

You may not become as successful as the group above life is simply not like that but even if you were to achieve a fraction of their gains you would be doing well and 100% annual profits is achievable and many traders do it each year and there is nothing to stop you doing it to.

The effort you need to put in for the potential rewards you can receive, are fantastic.

This is one small business that shows the opportunity of the free market economy and is a way to build real wealth quickly

The Key to Success

The real key to the success of this business is dealing with leverage which simply allows you to magnify your gains.

You can leverage your money and on a $500 deposit by up to 200:1 so you could trade $100,000 of course this will magnify both gains and losses.

How you deal with leverage will determine if you are a success or not – get it right and you will make huge gains – get it wrong and you will lose your money it really is that simple.

So how do you make leverage work for you and keep risk under control?

The best way to trade is to look for repetitive chart patterns and trade currency trends.

Take a look at a forex chart

You will see currencies that trend for months or years and reflect the underlying health of the economy.
Your aim is to lock into these trends and milk them for profit and cut losing trends quickly and this is a learned skill all you need to do is be able to spot the patterns and act.

A Challenge

Most traders lose at forex trading and the number is about 95%

So if it’s so easy to learn why is this?

Its simply they don’t approach currency trading as a business.

They lack the right knowledge and trade with their emotions and have no set forex trading strategy – they shoot from the hip and that means losses.

If you are prepared to do some homework and have the desire to succeed, then you can succeed
The rewards for those who can turn this opportunity into profit are life changing – but it’s up to you to turn
the potential into reality.

The opportunity is there for all and it’s up to you

Can you see the potential and are you up for the challenge of a lifetime?

Discover forex trading from home and in an hour a day or less you could be building wealth and making money fast.

Are you up for the challenge? If so welcome to the world of forex trading and the best small business opportunity you will ever look at.

Article Source: http://www.articlesnatch.com

About the Author:
NEW! PROFESSIONAL FOREX COURSE AND FREE TRADING PDF's For free trading guides and an exclusive Forex Trading Course visit our website at: www.learncurrencytradingonline.com/index.html

Choosing Small Business Payroll Software

By: Terry Cartwright

Running a payroll for larger organisations with full time accounting staff is easy. Full time professionals are employed or the payroll function may be outsourced to a payroll bureau. For the small business the payroll task often falls to the proprietor demanding even more time to familiarise with current payroll legislation and a not insignificant amount of administration time that could be better spent making profits than number crunching. For small business organisations with five to ten employees calculating the income tax and national insurance contributions in producing the weekly payroll can easily take an hour or more each week. An hour that could be better spent earning profits or at the very least having an extra hour of free time each week. Free time that small business owner’s value at a premium since the majority of small business owners either work or think about work from dawn to dusk 7 days a week. A payroll software package to satisfy the PAYE requirements can be just one part of making that small business more efficient.

Small businesses that fail to operate a sound payroll system can produce a negative effect on the employees. The pay an employee receives is expected, often spent or spoken for on receipt and provided the amount is a competitive rate would only rarely have an effect on staff relations. However operating a payroll system that does not provide each employee with a payslip is like telling your employee he has received a personal letter that was opened for him and discarded as not important. To the employee a payslip is very important. And so important in that every employer has a legal responsibility to provide each employee with a payslip and at the end of each year a P60 End of Year Employees Certificate. A Payroll Software package will satisfy both the legal requirement and the employee’s requirements. Failure to provide employees with payslips can only reduce the respect hat employee has for his employer. Every employee must receive a payslip that shows the amount of income tax and national insurance deducted from the gross pay. Every employer must also calculate the employer’s national insurance contribution. Employers not using a payroll software package such as available from DIY Accounting Payroll Software must design their own payslip to give to employees to satisfy legal requirements.

In the UK producing a weekly or monthly payroll can be a burdensome task to comply with the HMCE requirements. HMCE provide much expertise advice in this area both via their website and each year through the distribution of the Employers CD-Rom. To fully appreciate all the technicalities and complete all the correct documents such as the P11 Deductions Working sheet is time consuming. It doesn’t have to be a problem. Payroll Software can automate this knowledge and functions and is available at insignificant cost. The DIY Accounting Payroll Software package is available for five to twenty employees at a cost of £15 to £25. That is a payroll software package that could save a small business over an hour a week, for twenty employees more like two hours, for less than 50p per week. All small business owners should at least consider suitable efficient payroll software.

Many payroll software packages are written using databases and can put many small business owners off using them due to both the cost and the fear of the unknown complexity of using such a payroll package. Many payroll software packages written on a database provide an excellent solution but have a tendency to be extremely politically correct and cover all potential rules and regulations and consequently become more complex to operate as they can demand at least a minimum knowledge of the payroll system. There are other PAYE solutions. The DIY Accounting Payroll Software is written on excel spreadsheets requiring no payroll experience and a minimum of entries to produce all the essential calculations of income tax and employees and employers national insurance. In addition excel copies of the time consuming P11 Deductions working sheet, P60 Employees Certificate and the P35 Annual Employers Return are all automated to save the small business valuable administration time. A significant advantage of a payroll software system written on excel is that it can also be used with an open office spreadsheet package but not least all the entries are visible and therefore transparent. Errors and mistakes can be easily corrected simply by changing the numbers on the payroll ensuring the payroll is produced both quickly and accurately. Payroll Software is an effective tool that should receive serious consideration by all small business proprietors.

Payroll Software also has the advantage because it can be simple and fast to use of avoiding late payments to the revenue and the consequent unwanted letters and potential fines this can invoke. By having all the information required for the monthly or quarterly revenue payments late penalties can be avoided and by producing the Annual Employers return on time small business owners can submit their returns online and receive a tax free online filing bonus. The current online foiling bonus being £150 and substantially more than the payroll software might have cost. And it’s Tax Free. As they say in Yorkshire. “If thar you ever gets owt for nowt, Tec it”

Article Source: http://www.articlesnatch.com

About the Author:
Terry Cartwright is a qualified accountant in the UK designing accounting software and payroll solutions for small to medium sized business through his website at DIY Accounting Payroll and Payroll Software specifically for self employed and limited companies in the UK written on excel spreadsheets for up to 20 employees.

Small Business CRM - CRM for Small Business

By : smallbusiness-crm

Small Businesses CRM - Helping your help your business:

CRM is the most talked about software in today’s business world. CRM is an easy-to-use software tool suitable for any small business needing a complete, cost effective and hassle-free solution for managing sales, customers and bookkeeping as well as day to day invoicing.

The all-in-one sales and marketing CRM software program facilitates small businesses to double their sales at a faster pace. From lead generation, to placing an order or even the follow up of the same, CRM is the apt solution in efficiently managing your small business day to day operations.

However why do we require CRM software in the first place is what crosses our minds. The following will give you a better insight as to what you can expect when CRM is adopted in your small business.
• It helps in the automatic integration of the sales marketing and the customers data base,
• Ensures a faster access to vital customer information from any where any time.
• Inexpensive efficient marketing campaigning management system
• Next to zero maintenance costs
• No additional installation and infrastructural expenses
• Instant integration with the existing business procedures
• Easy to understand and use
• 100% customizable to suit your unique business requirements
CRM is very essential for all small businesses in order to have a successful ROI turn over. We would further enlighten you in the various benefits you can derive when adopting CRM in your small business.

Article Source: http://www.articlesnatch.com

About the Author:
www.smallbusiness-crm.com

Product Review DIY Accounting Small Business Accounting Software UK

By: Terry Cartwright

Accounting Software Strengths

Easy to use by non accountants requiring no previous accounting knowledge and is basically a list of sales and a list of purchases on preset excel spreadsheets. Each workbook is arranged as 12 monthly spreadsheets with preset columns and uses an entry code letter to analyse both sales and expenditure.

Cash and bank spreadsheets are included as optional extras for those businesses that require them with a built in automated bank reconciliation. The sheet is designed to be completed by copying the figures from the bank statement into the bank spreadsheet and the bank reconciliation is achieved by also entering the statement total which is automatically checked against the entries made.

Monthly profit and loss account also includes a financial health check based upon an automated tax forecast to enable businesses to monitor their financial performance. By entering drawings the package then compares the net profit made with the likely tax liability plus the drawings.

Quarterly vat returns are generated for vat registered business and is also suitable for non vat registered business. To produce a vat return clients simply go to the vat file and select the quarter end date from a drop down menu and the figures for the vat return are automatically generated.

The vat calculations can be disabled by non vat registered small businesses by simply changing the standard vat rate from 17.5 to zero making the accounting software suitable for both vat registered and non vat registered businesses.

The accounting package includes a stand alone sales invoice generator which requires invoices generated to be manually input into the sales sheet.

The fixed asset schedule is preset with the capital allowance tax rates to automatically calculate capital allowances when fixed assets are entered. Depreciation is also automatically calculated with preset percentages that can be changed as required.

A major benefit of using this small business bookkeeping software is the templates are arranged in such a way to automatically generate an excel copy of the self assessment tax return. The excel self assessment tax return is arranged in the same layout as the official inland revenue form with the same box numbers making it easy to copy the figures from one to the other for submission.

Accounting Software Weaknesses

The Self-employed accounting software UK is based upon single entry of transactions and does not produce a balance sheet which is an optional requirement for self employed and therefore not a problem for the vast majority of businesses. DIY Accounting actually recommend clients who are self employed and wish to produce a balance sheet to use their Limited Company accounts package which does produce a balance sheet being based not on single entry but on double entry principles. The small business accounting software is suitable for a single tax year, the latest being 2007-08 and does not cater for accounting periods other than April to April. There are benefits in anyone self employed adopting the standard April to April financial year as this avoids tax allowances from two separate years being a feature of the accounts. When used by small businesses using the cash accounting system the bookkeeping entries to the sales and purchase sheets must be entered according to the dates money is paid or received rather than the dates invoices were issued. At the end of the financial year any invoices not yet entered require to be listed to adjust the final profit and loss account figures. This a major disadvantage if using the vat cash accounting scheme rather than the Accounting Software being reviewed.

Very Low Priced

At £12.99 the accounting software is basically available for loose change and will save many businesses the need to employ an accountant potentially saving hundreds of pounds in professional fees. For the financial year 2006-07 the basic package for non vat registered business is available at just £9.99 and the standard accounting software for vat registered small business is £12.99.

Other Features

The product has a stock control feature to monitor any stock losses. The small business accounting software contains a wages interface that fully integrates the DIY Accounting Payroll Software when those files are saved into the same folder as the accounting software files. Being written on excel spreadsheets all transactions are visible and capable of being changed by for example overwriting any errors as opposed to a database system that requires new transactions to be entered to reverse previous entries. The sales and purchase spreadsheets include columns for entering CIS tax deductions and payments and the certificate numbers. The CIS tax being then automatically entered on the self assessment tax return. As the small business accounting software is written on excel spreadsheets then it is essential that users have a version of excel from 1998 onwards installed to use the program. The accounting software also works fine with an Open Source spreadsheet package.

Conclusion: to Buy or not to Buy

Exceptionally good value, very easy to use and produces exactly what every small business requires, automated accounts requiring no bookkeeping skills and no previous accounting experience with the valuable end product of a fully automated self assessment tax return.

Article Source: http://www.articlesnatch.com

About the Author:
Terry Cartwright is a qualified accountant in the UK designs Accounting Software on excel spreadsheets providing complete Bookkeeping solutions for small to medium sized business with Payroll Software for 1 to 20 employees that automates the revenue payroll tax returns