As promised, here is an expample of a business (actually 2 businesses) that didn’t take the time to update their accounting records.
This is a repeat post…
It only takes 30 minutes to 1 hour a day MAX, for most small business owners, to update their accounting records. This pre-selected time will ensure you have accurate records [...]
Whether you want to admit it or not, every entrepreneur needs to learn some basic accounting procedures.
Here’s why…
Accounting can be seen from 2 different views. The first is from the eyes of the non-accountant. Words that enter their minds are boring, mundane, an expense, required, structured, records, paperwork, confusing, taxes, CPA’s, nerds (I can say [...]
I met with a young man about three weeks ago, who was wrestling with the idea of leaving his high paying retail job for a startup venture. It seemed as though the odds were stacked against him. His “support group” wasn’t willing to back him on this decision. His cash reserves could only sustain him [...]
