Importance of Business Accounting

Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 8 Accounting and Cash Flow
Question:
“Why is a good understanding of accounting important for running your own business?”
Maureen Costello
Wholesale Distributor
Topics covered in this video:
Understanding business accounting, cash flow, taxes, loans
Transcript:
I think that if an entrepreneur doesn’t have a good understanding of accounting there will be a very high [...]

Learning Accounting for Your Business

Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 8 Accounting and Cash Flow
Question:
“If someone doesn’t know anything about accounting, how would you suggest they go about learning it?”
Stan Henslee
Certified Public Accountant (C.P.A.)
Topics covered in this video:
Learning business accounting, community college, adult education, software
Transcript:
I would go to one of the community colleges, a regional occupational program [...]

Small Business Tax Advice – Choice of Entity

Ben Loggins of Loggins & Associates, PC, in Jonesboro, Georgia presents Small Business Tax Advice. This segment focuses on Choice of Entity (Sole Proprietor, Limited Liability Corporation-LLC, Partnership, Corporation, S Corporation), legal process, the importance of keeping business and personal expenses separate, personal guarantee on loans and when do you need a tax ID.
Duration [...]

Monthly Accounting for Your Business

Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 8 Accounting and Cash Flow
Question:
“What should a business be doing on a monthly basis to stay on top of their accounting?”
Ken Blake
Certified Public Accountant (C.P.A.)
Topics covered in this video:
Business accounting, income statement, profit and loss, sales, expenses, receivables, payables, cash flow
Well, it’s important on a monthly basis [...]