At Balance Your Ledger, we realize that every dollar is important, especially for small businesses. But that's exactly why we exist - to save you money. This isn't just wild conjecture; here's the thoughts of a few people who know a thing or two about it.
"You cannot be in control of a business if you donít know what is going on. With bad numbers, or no numbers, a company is flying blind, and it happens all of the time. Why? For one thing, it is a common ó and disastrous ó misconception that an outside accounting firm hired primarily to do the taxes will keep watch over the business."
"If youíre not in the habit of running your household with a budget youíre not likely to run your business with one. Mismanagement of funds is hands down one of the number one causes of business failure."
"Yes, you have to keep financial and business records, you have to review your revenue and expense report each month, and you have to file taxes and other business-related filings. If you donít know how to do these, or donít want to, get help from someone who does."