Sunday, January 27, 2008

10 tips to improve your business bookkeeping

Next to "selling more," the skill many business owners say they'd most like to improve is managing their business finances.

From basics like banking and billing, to more complicated money matters involving financial reports and balance sheets, there's much to know about setting up and managing the money side of a business.

It's temping for many entrepreneurs to focus on making sales, closing deals and pumping up the PR while putting off mundane chores like bookkeeping. But tending to financial basics is critical to keeping a business on track.

Here are 10 keys to keeping your bookkeeping and general finances under control:

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