Don't make friends who are comfortable to be with. Make friends who will force you to lever yourself up." - Thomas J Watson Understanding the accounting aspect of your business will often determine the sustainability and longevity of your business. The initial discussions on how you plan to establish the foundation of your business and accounting processes should be decided during the development of your business plan. Will you begin with an accounting system? When will you bring staff aboard? How will you pay your staff? Don't be afraid to outsource your accounting services if it is not your business strength.
It is easy to become overwhelmed. Avoid falling behind on monthly payables or business reconciliations. Black Enterprise magazine has published an article about the Top 5 tips Entrepreneurs should avoid. Allow Fontenot & Associates Solutions to establish your business policies and procedures as you focus on the future of your business.
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AuthorMy mission is to offer the best accounting and operations solutions and tips for entrepreneurs and small to mid-size companies worldwide seeking to close their process gaps with actual solutions. |