Thursday, March 22, 2012

Accounting for Online Sellers

Warren Buffet said “Never depend on a single income. Make investment to create second source.” It just means that working in a corporate world is not enough, having another income stream is very important. I have met a lot of people online who are working but at the same time are trying to sell different items online, they can be referred to as online seller. Online sellers may have a facebook page that is dedicated to post the pictures of their products, or they can have a multiply account to promote their products. Though this is a small business, it would still need a little accounting to know if they are profiting from what they do and just to know the growth of their business.

Good thing there are online accounting available nowadays, so accounting for online sellers can be easier. This type of accounting can be accessed anywhere, so whether they are at home or at the office they can check or update the records. It can be helpful for online sellers or even for small business as it is easier to use and users can choose the specific features that would fit their business compared to other system that has a lot of features and yet it would not be used. So, if you have an online shop or small business, you can try online accounting first as there are sites which offers 30 day trials.

1 comment:

  1. hi red. hope you still remember me. i like that quote- “Never depend on a single income.anyway i am glad to have visited this site again. been so busy to do blog hopping. will be visiting you site more frequently now.


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