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Business owners face many challenges regardless the size of the startup or business. One of the challenges is cash flow issue. There are many attributing factors to this issue and you can eliminate one of these factors with this book by understanding your dollars and accounts properly.
Through educating yourself in understand your business accounting and financial statements, you are able to understand your business health and other potential underlying business problems.
Does your business have too many expenses and overheads? Are you sticking with your budgeting? Are your invoices properly categorized for sales and tax? What do you, as a business owner, understand about depreciation?
In this book, you will have a better and more complete understanding of accounting for small business and how you can make informed and good business decisions based on the financial health of your business.
What you will learn in Accounting for Small Business: The Ultimate Business Accounting Made Simple for Startup, Sole Proprietorship, LLC:
You will learn the definitions of the accounting terms
You will discover which method (cash vs. accrual) is better for you and why
You will learn how to read and understand four important financial statements
You will learn what Generally Accepted Accounting Principles (GAAP) is about and its assumptions
You will learn what are the good accounting practices, tips, and pieces of advice for business owners
And much more
Customer ReviewsMost Helpful
By Leanne R. Ames on 07-03-18
This book is like no any other.
I’m about to start my own business which I relatively small and because I aim to become wise entrepreneur, I thought knowing the basic of business accounting and financial statements will make things easier for me. This book is like no any other.