Every small business owner must stay on top of one thing: managing the money. Cash flow is all about how money moves in and out of your business. And your goal should always be to keep cash in your business operating account as long as possible. Managing your small business finances requires a specific skill […]
SmallBizLady’s 5-Step Plan for Stress-Free Finances in 2016
My business took off to heights I never imagined the moment I put a system around my finances – both in business and in my personal life. Before I had this system, money told me what to do…. Pay this bill! You’ll be late with this payment! Make sure you have enough for your SEP […]
Simple Bookkeeping Strategies for Busy Small Business Owners
Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wednesday on Twitter from 8-9pm ET. This is excerpted from my recent interview withOctavia Conner @SmartChoicellc1. Octavia is the founder of Smart Choice Business Solutions also known as The Bookkeeping Expert. The goal of Smart Choice […]
Do-it-Yourself, In-Source, or Outsource Small Business Accounting
I have yet to meet a small business owner or entrepreneur who was excited to start their business exclusively so they could figure out how to do the accounting for it. We start businesses because of the problems we are going to solve for our customers. But we still need to keep track of the […]