Take Charge of Your Accounting
As I go around working with many small business, I am beginning to notice that a lot of small business don’t want to deal with their accounting. Well that’s not unusual, but what is frightning is that many small business don’t even know what their financial status is. They leave it totally to the accountant or the bookkeeper. That’s not good.
Wake up people, you need to know where your money is going. You need to know about your account receivables, accounts payables and your cash flow. How can you function without knowing this information? As a small business person myself, I would want to know if I am broke or if I am seeing green dollars flying in the sky. And as a small business, I think you should want to know that information as well. If you are going to outsource your accounting, make sure you are able to get the information you need to know where your business stand and if your business is going to be in business for awhile.
Listen to video below
and for more information on the Wall Street Journal Article click on the link article
