Bookkeeping is more than a check register or collection of receipts needed to prepare tax returns.  It is the greatest tool a business owner has to predict it's success.

 

Consider for a moment that your business is much like your car. It is an investment that with great care will lead you to many great adventures.  The dash display of your vehicle lets you know how well your machine is running, much like your bookkeeping indicates how well your business is performing. That dashboard will let you know if you are leaking money with uncollected accounts receivables.  If its time for a tune-up by re-evaluating your vendors.  Most importantly it will let you know if your tank is empty and just about to run out of funds.  You would not ignore the flashing check engine light of your car, nor should you ignore the rising cost of your largest vendor.

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