Accountancy is all about the numbers, achieving offensive/defensive balance, and being able to quickly adjust to change.
You want to know if you are getting paid for your hard work – where, how much and when your money is coming and going, and most importantly what’s left for you. Class tracking is a great tool to do this.
Get a head start organizing Your taxes.
You owe it to yourself, and your business to develop a barometer to measure the potential success of your business.
An operation will survive when there is sufficient cash flow, but, what about when expenses are exceeding the income for a prolonged period?
A few hours of organization with a professional accountant/bookkeeper, could spur you on towards being knee deep in clover sooner than later.
Simply put, math is about solving problems and it plays such an integral part in our daily activities both personally and professionally, it’s no wonder why our high school math teachers were so intent on teaching us this very valuable language skill.
Being a business owner is not an easy role. Once a challenge is successfully resolved another takes its place. In working with small independent business owners, I have learned that would not give it up. The desire for continued independence is as strong in them as in the early settlers who declared their intent by the Declaration of Independence.
Where do you want to be in three months? Six months? Nine months? A year?
There are so many things to keep in mind when you own a small business. Details ranging from inventory to order fulfillment are just the baseline concerns. If you're a brick and mortar business, your overhead includes a lease, utilities, and maybe additional...