Pharsyde offers bookkeeping, accounting, payroll and tax services for professional individuals and small-medium businesses. Beyond that extremely boring sentence, we are focused on helping businesses grow and develop - we want to see you succeed!
It’s December and all things holiday have flooded the shops and general atmosphere! It’s a time for fun and family and we all look forward to it every year – all of us except perhaps, small business owners. I am a small business owner myself and I know that unless you sell a product or service that is holiday-related, this is the time of year when expenses increase and income goes down. Holiday season often does not feel like a holiday when you have your own business, the pressure is on to make as much money as you can in a short space of time - especially if you are just starting out.
Have you started a business and now you’re beginning to think that you’re not quite as revolutionary as you had previous thought? Perhaps you have reached the point of realising that, actually, you might just be crazy or downright stupid?
Picture this: You drain the last of the coffee in your mug and sit back with a satisfied sigh – you have just completed a gruelling project that required long nights and a lack of sleep. Just as you are about to send the work to your client, the power goes off. You are frustrated, but not panicked, you can go get some much needed shut eye and send the work in the morning. Unfortunately, when the power comes back on during the night, it causes an unexpected power surge which just happens to blow the socket your laptop is plugged into. Come morning, you find yourself staring at a fried hard-drive with a sense of complete despair. Your work is gone and you will have to start from scratch.
In this age of innovation and achievement, there is a trend towards constantly pushing onward and upward. While there is nothing wrong with ambition and innovation, there is a side to it that sometimes gets overlooked: it requires a purpose. Why do we scale a mountain? Some will say it is for the exercise – […]
Good financial records are vital to the health of your business – but that doesn’t mean that you are in a position where you can afford a bookkeeper. Do not fall into the trap of thinking you can “catch up” on your bookkeeping at tax time. You need to know what is happening in your […]
This article was originally published in YourBiz magazine, you can find the original here. Cash is the lifeblood of your business – one cannot over emphasise the truth in these simple words. A good bookkeeper and accountant are essential for recording financial information and keeping you up to date with your financial situation, but the […]
This original article was published on LinkedIn, read it here. You have grown your business to the point that you need to employ people – congratulations! But do you know what your responsibilities are as an employer? As the accountant for small businesses, I am very aware that too many business owners are missing a […]
This article was originally published on LinkedIn by Tamryn, you can see the original here if you like. There are only two certain things in the world: death and taxes, each sometimes leading to the other. And while you cannot avoid either one of them, you can prepare for both. I will leave subject of […]