Small Business Accounting: Money Matters Made Easy: A Beginner's Guide for Entrepreneurs($15.99Value)

Description

THE Guide to Basic Accounting for Small Business Owners, Beginners and Students! ◆Do you want to learn accounting for your small business but feel overwhelmed by numbers and paperwork? ◆Do you wish you could understand financial concepts like a pro and make better decisions for your business? If so, you are not alone. This book is written by a former CFO just for you! In this book, you will follow Caroline, a passionate baker who runs a small eatery called Sweet Caroline Bakery. She makes the best cupcakes in town, but she has no clue about accounting. She is drowning in numbers and needs a lifeline. You will join her on her journey as she learns accounting basics for small businesses. YOU WILL DISCOVER: What is accounting and why it’s not as boring as it sounds - How to set up your business (such as an LLC), accounting system and keep track of your dough - The basic accounting rules and how to follow them without breaking a sweat - How to read and analyze your financial statements and understand your bottom line - How to understand and mitigate financial risks and fraud - How to use financial ratios and indicators to measure your performance and spot red flags - How to create budgets and forecasts and gain greater control over your finances and goals - How to deal with taxes and comply with tax laws without pulling your hair out - How to choose software and an accountant that won’t break the bank By the end of this book, you will have a clear understanding of accounting concepts, and how they apply to your business. You will be able to use your financial information and make smarter decisions that will help you grow your business and achieve your goals. You will also feel more confident and in control of your finances. This book is not only informative but fun to read. It has a friendly and witty tone that will make you smile and learn at the same time. It also has real-life examples, exercises, questions, and tips that will help you apply what you learn. Whether you are a beginner or a non-financial person, this book is for you. FREE DIGITAL ACCOUNTING GIFT: As a thank you for buying this book, you will also get a FREE accounting checklist of the recurring tasks involved in accounting. You can use this checklist as a handy reference guide while working on managing your financials. To get your free checklist, simply follow the instructions at the beginning or end of the book. Don’t let accounting intimidate you! Grab your copy of “Small Business Accounting: Money Matters Made Easy: A Beginner's Guide for Entrepreneurs” and learn accounting the easy way. Don’t miss your opportunity to transform your business with accounting. "The author takes a creative approach to understanding the basics of accounting by consistently applying these principles to a new startup bakery business. The book playfully utilizes common baking terminology to keep the reader engaged in understanding what can be a challenging topic for many small business owners with a love for their business but little understanding of the importance of maintaining solid financial records on which to base their business decisions. The "Tips" from an experienced or small business owner perspective, provided at the end of each chapter, offer sound pieces of advice and encouragement to a young entrepreneur starting up her/his own business. These tips offer both helpful accounting and entrepreneurial counsel. - Financial ratios (see Chapter 4) can be a challenging topic to understand, but when applied in layman's terms as this text does, it becomes clearer as to their importance and necessity to making solid financial business decisions. Readers will appreciate the inclusion of helpful ratios for comparison purposes and for pointing out the limitations of ratios. - Chapter 6 is packed with basic preventative action steps to inform the reader and provides suggestions to actively safeguard a business from fraudulent activity. - Readers will also benefit from the inclusion of the brief review of pros and cons for a variety of accounting software options (Chapter 9) for a small business to be able to compare options when selecting the best-suited package for their small business. - Chapter 10 offers readers key considerations when hiring professional financial help for their business. Overall, a great read for small business owners new to financial records and those who need an applied review of accounting processes. This book might also be a great one to use in one of the first-year courses in an entrepreneurship program or an Introduction to Business course. The Q&A component offers students the opportunity to review the topics covered in each chapter and could be used as part of a review guide before taking a graded assessment of the chapters." Vickie E. Andres, Retired Business Professor and Chair of the Business Dept. at Hesston College, Hesston, KS Previous Adjunct Professor at Bethel College, North Newton, KS P