| If you ask a business person, entrepreneur or | | | | entrepreneur, then you need to understand how |
| executive what the most important thing in | | | | to create realistic proformas, how to attain |
| business is they are likely to tell you; people, sales, | | | | money and how to insure your cash flow is |
| capital or a product and service that people desire. | | | | strong so you can start, grow and succeed in |
| Sure, those are important, but they often miss | | | | your entrepreneurial endeavors. |
| accounting. | | | | Flying by the seat of your pants in your own |
| A company with a sharp pencil, which knows | | | | business and juggling all the finances is fun and |
| where it is at, at all times, is more likely to make | | | | exhilarating, but as the business grows larger and |
| money, have a better cash flow and grow the | | | | larger it's time to either hire an accountant or |
| business over a long period of time. A company | | | | learn how to do that part of it also. Not only will |
| that is weak in its accounting has a greater | | | | good accounting help you make better business |
| chance of business failure in the first 5-years and | | | | decisions, but it will also keep you from going to |
| no company; small, medium or large is exempt. | | | | jail for making a mistake on your taxes, |
| If you are a small business person and you feel | | | | withholding or misstating your income. I sincerely |
| as if there is more to know, then why not | | | | hope you will consider all this as you seek to |
| register and take some accounting classes at the | | | | increase your knowledge of business accounting. |
| local community college level? If you are an | | | | |