Does your small internet business need the help of a Certified Public Accountant? While I believe that a CPA can always be a very valuable business partner, especially for a small business, the better question to ask yourself may be when do I need to hire a CPA? When you first start your internet business you will do […]
We already talked about writing a business plan. Your budget is also a plan and planning is vital to your success. Just a simple budget for the next twelve months of operations will help you simplify your upcoming financial decisions. The most important reason to do a budget for my business was to plan how much cash […]
You can’t go anywhere without seeing advertisements from multiple cell phone companies. There are many options to purchase both equipment and plans, but how do you balance the cost of what you need with what you want? To stay financially responsible, this is how I approached the decision to buy my new phone. I like having […]
In your Internet business cash is the most important financial asset to measure. And the only way to ensure you know your cash position is to consistently reconcile your business bank account. At a minimum you need to do this activity once a month. However, if your accounting software downloads your bank account activity automatically […]
I like using quotes to remind me of important information. For example Dwight D. Eisenhower said: “In preparing for battle, I have always found that plans are useless, but planning is indispensable.” Use a free tool There are many templates to help you write your business plan and even the simplest ones will walk […]