Recent content by alisson38

  1. A

    New startup with beginner questions

    Hey JBMUAE, congrats on landing the contract—that's a solid start and sounds like a great opportunity to build something longer-term. I was in a similar spot not long ago, figuring out the Ltd setup and all the logistics that come with it. From experience, I’d say having an accountant is a...
  2. A

    New online business advice

    Hey Aplot, welcome to the forum and best of luck with your gift store journey! It’s awesome that you’re putting in so much effort upfront with supplier ethics and research—definitely the kind of mindset that helps a business stand out, even in a saturated market. For payment processors, aside...
  3. A

    Does equipment for a business count as an expense or asset?

    In most cases, if the equipment you're buying is going to be used for more than a year—like musical instruments or sound gear—it’s usually treated as an asset and goes on the balance sheet. Then it gets depreciated over time, which means a portion of the cost shows up as an expense each year on...
See more
Top Bottom
Community
Articles
Menu