Best Ways for Solopreneurs to Manage their Books

Even if you don't have a taste for accounting. The following excerpt is from Money-Smart Solopreneur: A Personal Finance System for Freelancers, Entrepreneurs, and Side-Hustlers, out now via Entrepreneur Press. Purchase from Amazon | Barnes & Noble | Bookshop | IndieBound. Good record keeping is just good business. How you manage data, account for financial transactions and store and retrieve your records is part of running and maintaining your company. Use the following six tips for a more successful balancing act. 1. Separate business and personal data The line between personal and business finances can get blurry for solopreneurs. It’s important to separate the two, so you can easily monitor the progress of your business, plan for the future and create financial statements for specific periods, such as monthly or…
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