Bookkeeping – A Financial Guide for Survival
Ask any small business owner who runs around like accountants do with painstaking admin and financial work, from managing payrolls to monitoring down receivables and calculating the value of stocks, and he’ll express a ton of grief. However, understanding your basics in accounting and its practices will help keep your books ready for potential investors and (more importantly), your friends at the Inland Revenue Department (I.R.D.), if they ever decide to come calling in.
Employee Provident Fund & Trust Fund (EPF & ETF) – What you need to know
Employees Provident Fund (EPF) was established by Act No. 15 of 1958. The contributions are made to this fund on regular basis. Its purpose is to help employees to save a fraction of salary every month. The fund can be used in an event that the employee is no longer fit to work or at retirement.
How to register your sole proprietorship & Why?
If you’re just starting out your venture, you’re low on cash, and just need to get started a Sole Proprietorship is probably your best bet. Sole proprietorship business in owned by one person. Because of this, there are many sole proprietor businesses than other forms of businesses. Many businesses that later become large corporations start out as small proprietorships.
Company Registration in Sri Lanka – A step by step guide (private limited entity)
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