ACCOUNTING, BUSINESS SUCCESS
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Starting a business is exciting and stressful.
With so many decisions, it's easy to get distracted.
Proper planning helps you focus on the most important aspects of launching and growing a business venture.
TIP: The next tax season's due dates aren't too far away — avoid late penalties and interest by filing on time.
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Read books and tap into resources that teach you how to maneuver your industry so you can avoid the startup mistakes others have made before you.
Think about joining a trade organization and your local chamber of commerce to speak with colleagues and other small business owners.
You need a general idea of how you plan to operate your business and make money.
Take the time to establish your product/service lines and pricing well before the launch date.
Once you are up and running, you'll have less time to devote to these essential functions.
TIP: Use a business plan checklist to stay on track.
It's time to learn how to keep your books so you can experience a substantial return on the investment of time and money you're making into your business.
Without organized records, reports, and projections, you cannot make informed business decisions.
Last Updated: 1/2/2020
DISCLAIMER
Please consult with your accountant, attorney, and financial advisor before implementing any information displayed on this website. DIY research does not replace the advice of a licensed professional who has thoroughly reviewed your file.
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