Info Center

Tips, guides and articles to help you with your day-to-day accounts, bookkeeping and use of some available online tools.

Info Center Disclaimer
This information is provided only on the basis of being an aid to understanding of accounting basics, tax and levy issues. Users of this material are expected to seek professional advice before acting on anything they read below. The author of this material accept no responsibility to anyone using it for its accuracy or validity or any consequences flowing from them. This means that you should always seek professional advice for your specific circumstances.


Multimedia Tutorials »
Great business multimedia courses presented by CIT Small Business Lending.

  Preparing A Balance Sheet
With a properly prepared balance sheet, you can look at a balance sheet at the end of each accounting period and know if your business has more or less value, if your debts are higher or lower, and if your working capital is higher or lower. This course shows you to prepare a balance sheet.

 Creating a Profit and Loss Statement
Ask yourself: Exactly how are my products and services affecting my business? How much money am I actually making because of those products and services? An income statement answers these and other financial questions. An income statement tells you and any stockholders how your net assets have increased or decreased. This course shows you to prepare an income statement.

 Preparing A Cash Budget
Just as you would not purchase new furniture for your home without enough cash, or at least a solid plan to cover a personal loan from your bank, your business needs the same careful handling of its expenditures. All businesses, no matter what type or size, need to properly develop a plan for their expected cash intake and spending. This plan is commonly known as a cash budget, and will provide you with a blue print of how the business will operate financially.

  Managing Your Cash Flow
This course provides a detailed look into the various sections of a cash flow statement. It also describes two methods used to calculate cash flow from operating activities, indirect and direct with examples that will give you an edge when it comes time to prepare a cash flow statement of your own.

 Running A Profitable Company
This course provides some simple profitability ratios and analytical procedures that can help determine your company's present and futurefinancial standing. With your findings, you can identify company trends and ompare current figures to your business's historical performance.Once this essential data is in hand, you will be able to evaluate your business in relation to your competition and industry norms.


Tool for Business »
Links to several resources useful for small and medium businesses .

  Business Ideas

  Starting a business

  Overview of taxes and levies

  Asset depreciation

  Inland Revenue Tool for Business

  Financial calculators
Work out saving, debt payment, budgeting and more on these online calculators.

  Insolvency and trustee service
Information and services for personal bankruptcy and company liquidations.



Business Resources »
There’s plenty of help out there for small business owners who are looking for it.


Tools for E-commerce »
Top website builders for e-commerce..

  Shopify
Shopify is a commerce platform that allows anyone to easily sell online, at a retail location, and everywhere in between. Shopify pricing starts at $29/month for unlimited products. A starter plan is also available with limited features for $14/month. You can also watch these video tutorials to learn how to setup your online store.

  Bigcommerce
Bigcommerce is a privately held technology company that develops e-commerce software for businesses. Bigcommerce pricing starts at $30/month (or $27/month when paid annually) for unlimited products. You can also use Bigcommerce to sell your products on eBay, Facebook, Shopzilla, and Pricegrabber.

  Big Cartel
Big Cartel is home to nearly a million clothing designers, bands, record labels, jewelry makers, crafters, and other artists. Big Cartel pricing starts at $10/month for up to 25 products. A free plan is available with limited features. You can also use Big Cartel to sell your products on Facebook.

  WiX.com
Wix.com is a cloud-based web development platform that allows users to create HTML5 web sites and mobile sites through the use of their online drag and drop tools.


Tools for online Business »
Maximize productivity and enjoy doing it by
incorporating online tools into your business briefcase!

  MailChimp
Easily Build Email Lists, Create Campaigns & Track , Analytics! MailChimp pricing starts at $10/month for up to 500 subscribers. A free plan is available (with limited features) for the first 2,000 subscribers.

  GetResponse
Send email newsletters, campaigns, online surveys and follow-up autoresponders. GetResponse pricing starts at $15/month ($12/month when paid annually) for up to 1,000 subscribers and includes unlimited email messages. All email templates included with GetResponse are responsive (compatible with mobile devices).

  TweetDeck
TweetDeck is a social media dashboard application for management of Twitter accounts. TweetDeck is free to use and allows you to manage an unlimited number of social media profiles on Twitter. You’ll be able to read your news feeds, reply to messages and comments, schedule posts, and more.

  HootSuite
HootSuite is free for managing up to 3 social media profiles. HootSuite allows you to monitor your social media profiles on Facebook, Twitter, LinkedIn, Google+, Foursquare, and others. You’ll be able to read your news feeds, reply to messages and comments, schedule posts, track keyword mentions, and more.

  Top Alternatives
Find more useful tools, apps and software for your Business


* This information is provided only on the basis of being an aid. You should always seek professional advice for your specific circumstances.


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