Bookkeeping sounds like one of the most frustrating parts of the running of your own business. But having a good handle of your books can make all the difference in helping you understand your business and identify areas for growth.
1 - You gotta do it!
It is a legal requirement to operating a business, but we have some good news...
2 - It is not that hard!
At the end of the day, it is just an organized record of all your business financial transactions. You don't need a super fancy software package or lots of help. Just find a system that works for you and use it consistently.
3 – You can learn a lot from it!
Curious where you can grow your practice? How to save money on extra expenses? Which marketing strategies are really cost-effective? Tax time will always give you great insight on the health of your practice.
Stay tuned tomorrow for our favorite bookkeeping tool!