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.