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 […]