Chapter 10
Business Owner Basics
IN THIS CHAPTER
Handling the details of owning a business
Determining which tasks you want to outsource
Establishing a bookkeeping system that works for you
Managing your expenses
Maintaining relationships with vendors and other people outside your business
Those who have started their own business know that in the beginning, you as the owner will perform all your business’s chores, or at least you will personally see to it that they get done. Well, you’ll personally take care of all the important tasks at least — those responsibilities that will, down the road, either make or break your business if they aren’t done correctly.
When you buy a business, odds are that the business will have some employees and vendors that perform various functions and services for the business. The good news for you is that you shouldn’t have to get down into the weeds in a way that you would with starting a business from scratch. But you should be familiar with the ...
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