
Accounting for Small Business
The Ultimate Business Accounting Made Simple for Startup, Sole Proprietorship, LLC
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Narrated by:
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Alfred Blake
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By:
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Ryan Connor
About this listen
It has never been an easy feat to start a business especially during a period of tough time and uncertainty.
Business owners face many challenges regardless the size of the startup or business. One of the challenges is cash flow issue. There are many attributing factors to this issue and you can eliminate one of these factors with this book by understanding your dollars and accounts properly.
Through educating yourself in understand your business accounting and financial statements, you are able to understand your business health and other potential underlying business problems.
Does your business have too many expenses and overheads? Are you sticking with your budgeting? Are your invoices properly categorized for sales and tax? What do you, as a business owner, understand about depreciation?
In this book, you will have a better and more complete understanding of accounting for small business and how you can make informed and good business decisions based on the financial health of your business.
What you will learn in Accounting for Small Business: The Ultimate Business Accounting Made Simple for Startup, Sole Proprietorship, LLC:
- You will learn the definitions of the accounting terms
- You will discover which method (cash vs. accrual) is better for you and why
- You will learn how to read and understand four important financial statements
- You will learn what Generally Accepted Accounting Principles (GAAP) is about and its assumptions
- You will learn what are the good accounting practices, tips, and pieces of advice for business owners
- And much more
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Did you know the typical small business owner works three to four months just to earn enough profit to pay taxes? Whether you've been in business for several decades or are breaking ground as a new entrepreneur, taxes are a significant expenditure. They must be accounted for and incorporated into your business plan from the very beginning. Failing to account for taxes when planning, budgeting, and assessing revenue goals for a business is like failing to account for the expense of your rent or mortgage.
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Not very helpful
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Short and sweet overview
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Keep the business running smoothly
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Any additional comments?
This audiobook covers everything you need to know for a small business. This is my bible for finances and accounting in my small business.Great quick info!
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What did you love best about Accounting for Small Business?
I had purchased this book thinking it was going to give me a simple review of small business accounting. It did with a whole lot more. Not only did it give great explanation of terms, spreadsheets and business types, it gave practical information on typical business needs and structures. Definitely worth the purchase.An abundance of information
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This book is like no any other.
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talked too fast
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