So I started a new business in February. It went viral on Tiktok and changed my life drastically.
I quickly went to the tax office to register! But from here on out… I don’t really know what I should be doing. I know I need to keep receipts. I have ADHD so my organization skills is extremely lacking but I’m trying.
Some questions I have:
\- Is it worth hiring an accountant for the yearly tax forms? And if so, how much should I expect it to cost?
\- Due to the sudden growth, I am positive that I can grow the business quite well. However! I do have a bad credit history. (Unpaid CC from a decade ago? I know. I suck. I have no excuse. I plan on paying it off this year.) What would help me eventually buy a house? I heard that it can be harder to get loans if you’re self-employed so I want to take the right steps in the next few years so that I eventually have that option.
\- Is there anything I should know/be doing as a small business owner here?
Many thanks in advance!
4 comments
Get a tax accountant. Business in Japan too? Credit card issue in Japan or home country?
Maybe jetro can help you https://www.jetro.go.jp/en/
Otherwise your prefecture business center will have some people to give you advice
If you don’t mind me asking, what is the business?
One decade old business owner with ADHD here.What city are you located. I could recommend my accountant. His firm has a lot of foreign clients and it is very affordable.
A) Get an accountant.
B) Pay your debt so you can get a loan if you need to grow.
C) Don’t take it for granted. Business depends a lot on luck so it might go through difficult times.