Raising and Managing Money: Tips for your small business
USA Today
February 1, 2010
By Rhonda Abrams
Money is at the heart of every business, and understanding money (how to raise it, account for it, and manage it) is critical to business success.
Meet with an accountant
As you get your business underway, you'll need the assistance of a good, small business accountant to help you in most aspects of managing your money. An accountant who understands small business issues can help you set up your accounting procedures and books, better understand any financial or tax issues you'll face, and can help you in tax planning.
You'll avoid a lot of problems by getting things set up the right way right from the start. And you'll almost certainly lower your taxes too! Believe me, a good accountant can save you more than you pay them.
