- If you’re in business and need recordkeeping and accounting systems, we can design them to fit all of your needs.We can assist you with other financial record-keeping and reporting requirements so that the red tape in your life is minimized.A successful business rests on sound record keeping practices and solid cash flow. Without good records it is impossible to determine the financial condition or profitability of a business.
- Similarly, in order to survive a small business must achieve a positive cash flow in the long term. This Financial Guide provides the basic information the owner of a small business need to establish good record keeping practices in your business and to minimize cash flow problems.
- Large and medium-size companies have internal accounting personnel and sophisticated records and systems to guide management. On the other hand, the owner of a small business usually relies primarily on a bookkeeper and an outside accounting firm to maintain the company’s records and provide guidance.
- Therefore, the small business owner should be familiar with, and recognize the importance of, proper record keeping requirements and cash flow planning.
- Many small business owners are very knowledgeable about their accounting procedures and quite adept in analyzing their financial records and statements. For less-experienced business people, this Financial Guide offers an introductory discussion of record keeping and cash flow planning to enhance their awareness and understanding.
