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How to Track Your Finances as a Small Business Owner
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If you're a small business owner and need to be tracking your business finances, this is a quick breakdown of how I track my business finances early on.
*This is not financial advice*
Recommendations include reading Profit First by Mike Michalowicz, using Excel Spreadsheets, and potentially using Quickbooks.
This simple process includes using 3 separate excel spreadsheets:
- Line item business expenses
- Line item sources of revenue
- Profit and loss sheet
Small business growth depends on managing and tracking business finances.
If you would like my business finance tracking template, just put "Spreadsheet" in the comments.
*This is not financial advice*
Recommendations include reading Profit First by Mike Michalowicz, using Excel Spreadsheets, and potentially using Quickbooks.
This simple process includes using 3 separate excel spreadsheets:
- Line item business expenses
- Line item sources of revenue
- Profit and loss sheet
Small business growth depends on managing and tracking business finances.
If you would like my business finance tracking template, just put "Spreadsheet" in the comments.
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