It's Your Business, So Track Those Expenses

It's Your Business, So Track Those Expenses  - http://tweakyourbiz.com Avatar Posted by Sian Phillips under Finance
From http://tweakyourbiz.com 2458 days ago
Made Hot by: deanuk on November 19, 2013 1:44 pm
By Kellie Conway

Starting your own business may be the most logical decision you make. While the benefits of regular, full-time employment (a steady paycheck, healthcare and more) are comforting, many professionals like you decide to work for themselves after years of accumulating and honing their particular expertise.





Comments


Written by AngelBiz
2457 days ago

Kellie - Nice advice. I would also add one more to it - Do not mix personal and business expenses in one account. This can raise scrutiny with IRS and can get you in lot of trouble. Maintain separate accounts and ensure the expenses are tracked properly in both.



Written by tiroberts
2458 days ago

Great article. I think is very important to track your monthly expenses. That way you know where you stand within your business and if it's profitable enough, if at all.



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!