HomeTake Action NowTime to Take Action Now To Get Good Business Finances

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Time to Take Action Now To Get Good Business Finances — 37 Comments

  1. Keep track of your income and expenses even if in a little notebook and you will feel better come tax time.

  2. I am also a spread seet woman. The spreadsheet helps me keep all the imporant numbers at my fingers all year long when I need them.

  3. As a fellow wife of an account, I wish a peaceful remainder of the “tax season.” I know our husbands will say it is tax season all year long.

  4. Yes, now that the taxes are driving you crazy, it is a good time to set things up so next year will be better come tax time.

  5. You are right. It is so important to look over your finances and keep everything in check.

  6. This is an excellent blog post. Too many businesses fail when they could have been successful for the simple reason of not having a balance sheet. Even if your business is really small, getting your business finances in order is very vital. http://www.sba.gov has an excellent business plan template that has a financial section. You can do cash flow statements, balance sheets, etc in a short amount of time using their templates

  7. Thanks for these great tips. Sometimes I tend to let that side of my business slack

  8. We are terrible with our finances! I have not even started on my business taxes and I only have a few days.

  9. Janeane as I get my taxes together I know how important it is too pay attention to your business house in order. Thank you for sharing information.

  10. Great Tips as always. I’m no longer scared to look at my account as i’m more organized and better with my cash

  11. It feels so much less hectic when you have a system in place!

  12. I am just starting into making money with my little blog business, thanks for the reminder!

  13. I am terrible with finances. I’m the first to admit I give away to much money to help others.

  14. Finances are so important! As Dave Ramsey would say, “every dollar has an assignment.”

  15. Since it’s tax time, finances are on the brain. It’s hard to do better each year when you just have to own more! Ack!

  16. We got organized a few years ago and thankfully have kept it up. Great tips here

  17. Yep, you have to know what’s due and where the money is going. I agree too, with the quote. 🙂

  18. So true and I just had all my taxes done and filed with the accountant. Great tips here.

  19. This was really informative. Taking an interest and responsibility for your finances is SO crucial!

  20. This is really informative! It good to get your finances together I want to do better in this year will all of mine!

  21. Keeping up on fees due each month is essential. Getting behind can make things so difficult in the future.

  22. This is my first year as a business owner, so I am new to this concept. I am a little nervous about what my taxes will look like next year.

  23. I try to stay on top of my business finances with a pretty detailed and inclusive excel sheet. Keep it updated helps me a ton at the end of the year!

  24. I’ve done an extensive Excel Sheet …to keep track of all my finances and it has been working wonders

  25. I need to keep better records for my taxes- sigh. Thanks for the tips.

  26. As I gather forms for my taxes I think of how much easier it would be if I weren’t so scattered. This is a good reminder to get a better system in place.

How do these ideas work in your world?

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