10 Ways To Financially Prepare For The Launch Of A Small Business
- By
Jazmine Denise
Source: Morsa Images / Getty
Determine how you will manage your finances
Many successful business owners will opt to hire a professional accountant, but this likely won’t be the case when you’re first starting out. As a result, it’s a good idea to determine how you will handle bookkeeping. While some may opt to simply use a spreadsheet, others choose to invest in accounting software. Figure out what’s best for you early on so that you don’t have a mess come the end of your fiscal year or tax time.
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