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Starting your own business is incredibly exciting, but there are many practical considerations to take into account. One of the most important questions to ask is: how much money do you need to get started?

In this day and age, a strong online presence is a key ingredient for small business success. However, gone are the days when a few Facebook posts here and there would suffice to build an audience. Creating and maintaining an online presence for your business requires time, effort and careful strategy.With that in mind, let's take a closer look at how you can develop an online presence that represents your business well and attracts a reliable stream of new customers.

As a small business owner, it pays to invest your capital wisely and grow your business steadily, whilst creating a financial buffer to protect your company during difficult times. However, with so many different investment options available, it can be difficult to know which ones are the best for you.

Where you have incurred business costs from a personal bank account or cash, as long as you have recorded the expense in the company records you can take this back from the company bank account (as long as the company has the cash available). There is no tax associated with this cost recovery and the important issue is to ensure you keep a receipt to show the valid business expense.

5 steps to take as a new Ltd Company

When starting a new business, it's critical to get the foundation right. Your journey as a business owner will be much smoother and simpler if you start off on the right track with your finances and accounting.