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Does anyone have a good resource for legal and accounting basics for single-founder lifestyle businesses?
by simantel 12y ago
Does anyone have a good resource for legal and accounting basics for single-founder lifestyle businesses?
- lunaru 12y agoIt's always good to ask for help, but sometimes the help is useless unless you know the basics in order to have a strong intuition for the various account and legal tips you'll receive. Left field suggestion: Take a quarter of Business Law or Accounting 101 at a local college like De Anza (a junior college in the Bay Area). This can be more fun than reading articles online. When you finally do get a lawyer or accountant down the road, the advice you receive will have good context. Tech analogy: it's easier to build a website for someone who understands what a "CTA" is.
- danieltillett 12y agoYou basically need to know about everything. I personally like reading about this sort of stuff. What I did is just look up the reading lists of the appropriate subjects at the university I was at and started reading down the list. Since these are on the reading list the university will have dozens of copies of the books on the shelf - just make sure you do this out of cycle (i.e. Read the term 1 books during term 2 and vice versa) or else you will be fighting with the students to get hold of them.
- petercooper 12y agoYou're undoubtedly in a different country to me, but here in the UK I had a lot of initial success with reading the reasonably generic "Tax for Small Businesses" and "Accounting for Small Businesses" type books that always seem to sell well. Then over the year I just drilled down on the areas where I needed more depth. Having a one stop shop book helped me get the foundations down before moving on to reading articles online.