Hello, everything is going fine here and ofcourse every one is sharing information, that’s genuinely good, keep up writing.
You must have very much experience, if in accounting since, 1978.
Regarding entrepreneurs, that I have faced with their opinion that bookkeeping is something unnecessary, especially if it is bookkeeping for tax purposes. Only necessary thing from bookkeeping for some small business owners is accounts receivables…
If the business owner is only thinking about receivables, then I would have to question the direction in which the business is going. If only concerned about receivables you can’t move the business forward or allow for growth.
Being an accountant it is a necessity to be organized and truly one of the reasons why so many small businesses do fail; business owners tend to be more creative – which they need to be; but the devil is in the details. It’s hard to be good at both!
Great article I have seen several businesses over the years that would have saved themselves time, money and effort by starting out more organized.
Small and medium business owners may find they are not receiving the attention they need which can restrict their growth and competitiveness in their chosen industry when they are unable to make informed financial decisions.
So very true!
Thanks! I like how you break down the items to think about.
There are so many people out there wanting to start their own thing that need places to go for information on how to get started. It’s great that you are here.
Good job. I’m definitely going to bookmark you!
I totally agree a 100%. I can’t believe that he would even associate with that. Individuals nowadays are just unbelievable, by no means ceases to amaze me what individuals do and say anymore. Nice blog.
Good article. thank you.
You certainly sound like you know what you’re doing, Mark!
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