Introduction.

Thank you for choosing my eBook, Basic Accounting for Small Businesses. I am a freelance accountant with many years of accounting experience, and I have seen and witnessed many companies fail due to the lack of proper accounting procedures. Many entrepreneurs successfully set up businesses; they might have excellent skills in marketing, maintaining customer relationships, and winning over amazing customers. However, if they are not experienced and knowledgeable enough about various accounting systems for the company, getting the business off the ground is doubtful.

This book will help you in many ways, like avoiding mistakes in advance, organizing a suitable accounting system on a cash basis or accruals basis, and finding ways to help you set up a plan for your home-based business. You can find answers to why some companies struggle with finances. Then, I will discuss how others become successful in their business using the proper accounting systems. You will know how to find the immediate solution if your business has multiplied and is struggling with finances. Then, understanding the importance of journaling in accounting, like these tasks, you will learn about solving many business problems with accounting to prevent failure.

https://youtu.be/GJZP1NzHM-s

As a business owner, you will be aware of your strengths and weaknesses; therefore, getting help in the areas where you have liability is extremely useful to become successful. Still, as far as the financial side of the business is concerned, it will ultimately not be ideal for you to depend on others. You need to know different types of accounts, like cash flow, budgeting, credit control, stock control, cash register, sales, and purchase books, as these are critical parts of the finances of a small business.

I agree that an entrepreneur should not try to do everything that might have a chance to push the company to the ground, and also, due to the lack of financial knowledge, will do the same. If you get in-house help, freelancer’s help, or outsource your work to an outsourcing company, things can go wrong if you do not know what to expect from these people helping you.

Therefore, I have created this essential accounting book to help people set up a business. Still, if you have the financial knowledge, you can help other people to come out of their complex economic issues or if they want to set up a home-based bookkeeping business. This eBook can help students who wish to proceed with their accounting studies and work in the accounting field.

Please remember to leave a helpful review if you think this eBook will help you overcome financial issues in your business.

I have created this eBook as an online tutorial, and if you are interested in buying my course, click this link; it will take you to my online courses. 

http://www.tinyurl.com/y2hx8lg4.

You will find many tests that will give you more understanding.