From the course: Small Business Secrets

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Tracking expenses and receipts

Tracking expenses and receipts

From the course: Small Business Secrets

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Tracking expenses and receipts

Part of getting more time as a business owner is making sure that you're more organized. Your time management is greatly influenced by your space management. And by space management, I mean your physical space. Making sure that you're keeping on top of all your physical records and your financial records. I'm going to walk you through five tips to help you stay a little bit more organized as a business owner. Number one is commit to bookkeeping. Now, this also affects your financial health. Make sure that you have a regular time and a regular place where you're going to go through all of those receipts, all of those invoices, and enter them into your accounting program of choice. It's not the most enjoyable activity, but it is necessary for your business, and necessary to make sure that you don't get buried and try to catch up later in the year when it comes time to file for taxes. Number two is get an app. In particular an app that helps you stay on top of receipts. There are lots of…

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