Managing the Money
In This Chapter
• Working with budgets and managing cash flow
• Setting up an accounting system that works for you
• Monitoring progress with regular reports
• Handling accounts receivable and accounts payable
This chapter provides you with the information you need to master the sometimes foreign-sounding language of finance and take control of the finances of your business.
Relax. It’s easier than you think.
Budgeting to Ensure Success
Budgeting is the core financial best practice for small businesses.
Budgets are essential for any business but are especially important for smaller businesses. Of necessity, you’ll be running a tighter ship than larger companies because you’ll have less access to money. That’s why ...