Financial record-keeping first steps

In the 21st century, all small businesses should manage their financial activity with one of the very-easy-to-use financial software programs that are readily available, affordable and developed especially for the financial management of a small business.

Talk with a Certified Public Accountant (CPA) -- which every small business should have a relationship with -- and ask which program they recommend so that it will be compatible with their system. This way, at the end of the month and/or year, your data collection will dovetail with theirs to help with tax preparation and filing. Your CPA should have someone who will help you learn how to use the program.