Diy Bookkeeping For Small Businesses And Startups

What you'll learn
What is Bookkeeping?
What are the first steps in setting up your accounting?
How to set up your QuickBooks Online account
Managing your bookkeeping
How to use your books to grow your business
Requirements
none
Description
When was the last time you looked at your financial statements and got excited? You knew exactly what you were looking for and where to find it. If you wanted to get a loan, you could simply submit your documentation, on the same day, without stress.My name is Dave Ashworth and for over a decade I've been working with business owners making sure their bookkeeping and accounting were in line with their goals.Now, you may already know this, but over 90% of all startup businesses fail.you can probably guess the #1 reason.Cash Flow.The way small businesses set up their financial systems and processes is all wrong.Owners are wearing too many hats and are consistently pulled in multiple directions, right?Well, today I want to talk with you about the most crucial mistake small business owners make while trying to build their businesses.Most don't have a handle on their finances. As I already mentioned, 90% of startup businesses will ultimately fail. This number is staggering, right?! This is why you need to understand your numbers. Businesses need to make money or they will fail. Period.What I have discovered is that businesses that keep accurate and up-to-date books as well as make decisions based on what their financials say, succeed at an exponentially higher rate.Now, I get it. Hiring an accounting firm, a fractional CFO, or even a bookkeeper can be too great of a monthly investment for you to get the help you need. This is why we...

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