Accounting 101 for Small Business Startups
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Accounting 101 for Small Business Startups
Posted: May 20, 2008 |Comments: 0
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Starting a small business isn’t for the faint of heart. Think of it as a huge jigsaw puzzle that each piece needs to be put perfectly in place in order to have a successful startup. What happens if there’s a few missing pieces? If those missing pieces fall into your business’s accounting, your startup will be shaky. Here’s the Accounting 101 information you need to have:
1. What is your business structure? You need to choose the best small business ownership structure for you. Many small businesses choose the simplest of legal structures, the sole
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