A very useful thread here! What do you guys think about organic business? For example selling organic soaps? Is it feasible? Hw about the marketability?
For Small and Medium Business Owners, Come In and Share Your Biz.
For Small and Medium Business Owners, Come In and Share Your Biz.
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Jul 23 2010, 01:03 PM
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A very useful thread here! What do you guys think about organic business? For example selling organic soaps? Is it feasible? Hw about the marketability?
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Jul 24 2010, 10:04 AM
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Jul 24 2010, 10:50 AM
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Thanks, edyek for the constructive ideas!
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Jul 24 2010, 11:25 PM
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QUOTE(hackwire @ Jul 24 2010, 01:30 PM) thanks edyek. I have found out that our govt also conduct courses for corporate directors . In their SSM website have lots of courses and planning to sit out to gain deeper knowledge. the accounting part u can actually hire a freelancer who majors in doing accounting work but for the auditor u must hire someone from an accounting firm as only authorised persons are able to sign off the audit report.on the accounting part, we need to hire someone with business license right cannot be freelancer right? we were thinking getting freelance to do compilation and monthly bookeeping and when end of year only we seek auditor to do the balancing. Is this correct way rather than hiring professionals since our receipts and transaction might not be so much yet. |
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Jul 26 2010, 08:51 PM
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QUOTE(edyek @ Jul 25 2010, 03:25 PM) Since you are hiring an auditor, might as well just use their services to do the accounting. I always use professional services in my accounting, to save my headache, and in case anything happens, I can take legal action against the firm. Mainly due to independence issue, the auditor and the one doing the account should be separate persons. If they are the same person meaning they are merely auditing/checking their own work. If within the same firm but different persons, then it should be alright as it minimises the independence issue. |
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