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Entries in getting organized (1)

Tuesday
Jun082010

Your Money Is A Lot Like You!  

Money, Like People, Flocks To The Places It knows It'll Be Well Cared For

If you're like me, you've read entire libraries worth of how-to books on money management and you've realized that they all say the same things. In order to manage money well you should do the following four things: Spend Wisely, Save, Give, and Invest.

I find that the first rule, spending wisely, is the one that sets the tone for the rest. The easiest way to spend wisely is to know exactly where your money is going.  

Tracking your businesses’ spending is not just important for taxes, its important in helping you make those important decisions, such as rather or not you are ready for a new office, or are able to expand and hire another employee.

Knowing what’s coming in and what’s going out also allows you to create a future for your business, How much revenue do you want to attract this year? How much did you make last year? A well setup and executed bookkeeping system can help you with all these questions.

Read on for 4 simple steps to create a well executed bookkeeping system...

 

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