{"product_id":"accounting-for-small-business-owners-learn-the-basics-and-principles-of-accounting-even-for-complete-beginners-9798648683068","title":"Accounting For Small Business Owners: Learn the Basics and Principles of Accounting (Even for Complete Beginners)","description":"Never be intimidated by tax season again. \u003cp\u003eAccounting is probably your least favorite activity as a business owner, but it's one of the \u003cb\u003emost indispensable\u003c\/b\u003e aspects of a successful business.\u003c\/p\u003e \u003cp\u003eKnowing if you're making money is the only way to know if you can stay in business--and doing your accounting is the only way to know if you're making a profit.\u003c\/p\u003e \u003cp\u003eMoney is the lifeblood of any business. It's what keeps it running, what it's working towards, and why it exists in the first place. Accounting makes sure every single cent of that money is tracked and taken into consideration.\u003c\/p\u003e \u003cp\u003eIn tracking your finances, accounting can help you do the following: \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eDetermine profitability and financial position \u003c\/li\u003e\n\u003cli\u003eTrack income and expenses \u003c\/li\u003e\n\u003cli\u003eDetect and deter fraud by employees \u003c\/li\u003e\n\u003cli\u003ePlan where to best allocate your resources to gain the highest return \u003c\/li\u003e\n\u003cli\u003eEvaluate your company's historical performance to see if you're growing \u003c\/li\u003e\n\u003cli\u003eCompare your company's performance against competitors \u003c\/li\u003e\n\u003cli\u003eFigure out how much tax you need to pay \u003c\/li\u003e\n\u003cli\u003eComply with statutory laws and regulations\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eHowever, if you're still grappling with how you should tackle accounting, you don't have to figure it out alone.\u003c\/p\u003e \u003cp\u003eIn \u003ci\u003eAccounting for Small Business Owners\u003c\/i\u003e, you will be guided through the basics of accounting. Here is just a fraction of what you will discover: \u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eThe fundamental \u003cb\u003eaccounting terms\u003c\/b\u003e you should know and understand so you can properly assess the state of your business \u003c\/li\u003e\n\u003cli\u003eThe available financing options in case you need to supplement your funds, and how to choose what's right for you \u003c\/li\u003e\n\u003cli\u003eWhat depreciation is and how it can generate \u003cb\u003etax savings\u003c\/b\u003e for your business \u003c\/li\u003e\n\u003cli\u003eHow to read and \u003cb\u003eanalyze financial statements\u003c\/b\u003e to gain valuable insight into your company's performance and potential for growth \u003c\/li\u003e\n\u003cli\u003eHow to project your earnings for any given period by using this basic accounting principle \u003c\/li\u003e\n\u003cli\u003eThe \u003cb\u003e#1 mistake\u003c\/b\u003e you might be tempted to do that may invite IRS scrutiny and bring you unnecessary headaches \u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eFun and practical exercises\u003c\/b\u003e you can do after every chapter to apply what you learned and check your understanding of each topic \u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eBONUS\u003c\/b\u003e: A checklist of all the things you need to do to stay up-to-date and organized in managing your finances\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eAnd much more.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eEven if you plan on hiring an accountant or relying on the advanced software available in the market, it is still important to know the basics of accounting.\u003c\/p\u003e \u003cp\u003eAn accountant or a software will manage the filing, bookkeeping, and reporting, but understanding what this means for your business is something only you can do. In the end, an accountant may be able to advise you, but it is up to you to make the final business decision.\u003c\/p\u003e \u003cp\u003eBy knowing what the numbers mean, you can then make \u003cb\u003esmart, informed decisions\u003c\/b\u003e based on hard facts. It will also allow you to ask \u003cb\u003eprecise questions\u003c\/b\u003e about the direction your business is taking, and what the next power-move should be.\u003c\/p\u003e \u003cp\u003eIt's not as glamorous as bringing in millions of dollars in sales, but doing your accounting right can help you make sure you don't lose those millions.\u003c\/p\u003e If you want to be a full-fledged business owner who can make sense of the numbers, even if numbers aren't your strong suit, then scroll up and click the \"Add to Cart\" button right now.\u003cbr\u003e","brand":"Independently Published","offers":[{"title":"Default Title","offer_id":50377151414546,"sku":"9798648683068","price":11.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_ade87f43-18eb-4906-9257-89cde9b5c88d.jpg?v=1728617041","url":"https:\/\/surprise-castle.myshopify.com\/products\/accounting-for-small-business-owners-learn-the-basics-and-principles-of-accounting-even-for-complete-beginners-9798648683068","provider":"Surprise Castle","version":"1.0","type":"link"}