As far as handling money, IRS, accounting issues (the financial side of the business?)
2007-01-23 06:37:39 · 4 answers · asked by ItalianPrincess 4 in Business & Finance ➔ Small Business
Unless you're in the accounting industry, I would recommend hiring a good bookkeeper part time. It will let you concentrate on growing the business, instead of learning how to become the bookkeeper/accountant for your business. As a small business owner the best advice I can give you is surround yourself with quality people. (bookkeeper / accountant / lawyer / banker, etc.)
2007-01-23 06:53:21 · answer #1 · answered by CA DIVA 4 · 0⤊ 0⤋
Keep a tight belt, have other money to live on while building a business and reinvest profits in the business until it is growing on its own on a month over month basis.
Get a accountant to do your taxes if you are not eexperienced.
Good luck in your new venture.
"Friends don't let friends open restaurants" so stay away from em!
Best of luck
2007-01-23 06:49:57 · answer #2 · answered by jazzpaging 5 · 0⤊ 0⤋
To be successful following things I can suggests;
1.Have a mental attitude -that you are going to be successful
2.Be proactive
3.Build a Character
4.Connect to right people
5.Have a game plan & stick to it.
6.Do not listen to negative people
I teach people the success principle and help them succeed,achieve their goals and give feedback regularly.I have good cliet base.If are interested email me at setuup4@yahoo.com
Thanks.
2007-01-23 09:27:08 · answer #3 · answered by Prakash P 2 · 0⤊ 0⤋
Get an accountant
2007-01-23 15:15:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋