CHAPTER 1 GETTING STARTED What is accounting? Which accounting is for you? Financial accounting Management accounting Financial statement: what does it include? Which business structure is for you? Government bodies, registering and filing Record keeping for Corporation Tax CHAPTER 2 MONEY MATTERS Use your own money Family and friends Borrow from banks by creating a credible business plan Outside investors to finance your business Possible sources of finance available to you after the start-up period CHAPTER 3 CONTROL YOUR COST Keeping track of business cost Cash Flow Forecast Budgeting CHAPTER 4 THE BASIC TAX FOR YOUR BUSINESS VAT Corporate Tax CHAPTER 5 HOW TO ANALYSE YOUR PERFORMANCE How to use ratios analysis to identify financial performance How to Identify and implement your Key Performance Indicator Balanced scorecard and its usefulness CHAPTER 6 EMPLOYING STAFF FOR THE FIRST TIME Obtain Employer's Liability Insurance Check the Legal Status to Work Terms and Conditions of the Employment CHAPTER 7 BENEFITS OF VIRTUAL BOOKKEEPING WITH CLOUD CFO IN THE DIGITAL AGE What is Virtual Bookkeeping? How They Work? Benefits of switching to virtual accountants Is your confidentially being compromised? Benefits of Having Your Cloud CFO with Virtual Bookkeeping Services"