Financial Organization

This part of your business must be carried through with much planning
and with as much advice as is available. The first step is the business
plan. This can be an arduous task, but by carefully following the
simple directions laid out in this book, you will complete a business
plan in less time than you may think possible. Next, the bookkeeping
should be set up, to allow the business to flow smoothly and
efficiently. Arrange bank accounts with business checking; make company
business cards; and apply for licenses. Use the many free forms of help
that are available to new companies, including the forms that have been
included with the purchase of this book. It is in your interest to use
this readily available help. Remember that without good financial
planning you are basically wasting your time and money! It is here that
most businesses fail. By not paying attention to this part of the
business there is no business. Out of ten businesses that start, one
may make it. The first two years are critical.