Basic Accounting for Small Business

Basic Accounting for Small Business

Basic accounting for small businesses.

Introduction.

I am Vathani Ariyam; thank you for choosing my eBook Basic accounting for small businesses. I am a freelance accountant with many years of accounting experience, and I have seen and witnessed many companies failing due to the lack of proper accounting procedures. Many entrepreneurs successfully set up businesses; they might have excellent skills in setting up businesses, marketing, maintaining customer relationships, and winning over amazing customers. But if they are not experienced and knowledgeable enough with various accounting systems for the company, getting the business off the ground is doubtful. 

This book will help you in many ways, like avoiding mistakes in advance, organizing a suitable accounting system, whether a cash basis or accruals basis and finding ways to help you set up a plan for your home-based business. You can find answers to why some companies struggle with finances. Then how do some others become successful in their business using the proper accounting systems? You will know how to find the immediate solution if your business has multiplied and struggling to deal with the finances. Then understanding the importance of journaling in accounting, like these tasks, you will learn about solving many problems that your business has with accounting to prevent failure.

As a business owner, you will be aware of your strengths and weaknesses, therefore getting help in your areas where you have the liability is extremely useful to become successful. Still, as far as the financial side of the business is concerned, it will not be ideal for you to depend on others ultimately. You need to know different types of accounts, like cash flow, budgeting, credit control, stock control, cash register, sales, and purchase books, as these are the critical part of the finances of a small business. 

I agree that an entrepreneur should not try to do everything that might have a chance to push the company to the ground, and also, due to the lack of financial knowledge, will do the same. If you get in-house help, freelancer’s help, or outsource your work to an outsourcing company, things can go wrong if you do not know what to expect from these people helping you.

Therefore, I have created this essential accounting book to help people set up a business. Still, also if you have the financial knowledge, you can offer your help to other people to come out of their complex economic issues or if they want to set up a home-based bookkeeping business. This eBook can help students who wish to proceed with accounting study and work in the accounting field.

Please do not forget to leave a helpful review if you think that this eBook will help you come out of the financial issues in your business.

I have created this eBook as an online tutorial as well, and if you are interested in buying my course, click this link; it will take you to my online course. You will find many tests to give you more understanding.