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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

But the most important aspect of any business is accounting. All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster.

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Accounting Basics for Small Business Owners [By a CPA]

LyfeAccounting

But interestingly enough, many small businesses often neglect their accounting until tax time, or don’t do it all. As a CPA that studies and practices accounting, I know that accounting isn’t the most exciting thing in the world. In this post, I’m going to simplify the accounting basics for small business owners.