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Paper Work - Administrative Routines

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Many entrepreneurs find the paper work "a killer" for the business.

They prefer to ´work´ which means build the house, serve the guests in the restaurant or produce biochemical products. But in order to work properly the paper work has to be in order.

Paper work routines
You need to build up routines that take care of at least the following administrative topics:

  • Control of bills concerning income and expenses
  • Regular bookkeeping of the bills
  • Handle tax /sales tax and other obligations given by the state
  • Send out bills to customers
  • Pay bills from suppliers
  • Management of salary to employees
  • Regularly overlook the profit and loss statements
  • Order new products
  • Writing letters
  • Answer the telephone / e-mails

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Paper Work - Administrative Routines

 
Mogens Thomsen, Denmark 20-02-2010
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