It has never been an easy feat to start a business especially during a period of tough time and uncertainty.
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
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Great quick info!
This audiobook covers everything you need to know for a small business. This is my bible for finances and accounting in my small business.
An abundance of information
I had purchased this book thinking it was going to give me a simple review of small business accounting. It did with a whole lot more. Not only did it give great explanation of terms, spreadsheets and business types, it gave practical information on typical business needs and structures. Definitely worth the purchase.