When it comes to the success of your small business there are many factors that one must take into consideration.  Success can be defined in so many ways.  All in all, there are three main areas of every business:  sales, production, and accounting.  Most business owners are experts in the first two areas of sales and production, but when it comes to their accounting, well, that hat just doesn’t seem to fit.  As long as their is money in the bank then business is good.  Unfortunately, running your business this way can lead to many unpleasant surprises.

So, what is the solution for accounting?  The idea is simple, yet powerful:  It is impossible to control or manage anything that you do not or cannot measure. Setting up simple, accurate measurements in your accounting systems is as simple as using QuickBooks to track expenses, income, cash flow, etc…  QuickBooks is a great small business tool in that it gives you the ability to control and manage your business by the numbers.  The knowledge that you receive by having a reliable accounting system in place is priceless!  It can give you the upper hand with your competition.

Now, getting this system in place and having it run accurately and effectively brings us to another issue:  TIME.  Business owners wear so many hats that the last thing they can do is afford to spend time doing things that are not generating income.  Therefore, it is crucial that one automates this process as much as possible.  Hiring a professional to come in and run your accounting system is worth it’s weight in gold.  Of course, I am a little biased, or maybe a lot!  But, after seeing some of the businesses I have worked with go from totally out of control to being able to make informed decisions has been great to see.