I am Vathani Ariyam creating this new course at present, "Excellent accounting to help small business owners.” That course explains about enforcing financial control in your business, capital and revenue expenses, control account s, costing and pricing, and accounting for bad debts.
It is a beneficial course for small business entrepreneurs or even for a student who studies accounting. In this course, find the usefulness of implementing accounting methods what I said there if you do not maintain the accounting methods your business becomes difficult in the end.
As a business owner, you will be aware of your strengths and weaknesses, therefore getting help in your areas where you have the gap is handy to become successful. Still, as far as the financial side of the business is concerned, it will not be ideal for you to depend on others ultimately. You need to have some knowledge in different types of accounts, like cash flow, budgeting, credit control, stock control, cash register, sales, and purchase books, as these are the critical part of the finances of a small business.
I agree that an entrepreneur should not try to do everything that might have a chance to push the business to the ground, and due to the lack of financial knowledge will do the same. If you read, my first lecture about internal controls in a business is critical because anything might happen at any time.
Therefore, you must get some help in your accounting tasks to keep everything up-to-date. For example, if you have not prepared a cash flow statement, you will not know how much money is coming in and how much is going out. Even though I have not explained about cash flow in detail in this course. It would help if you had that to do your costing and pricing
I am sure that this course will help you to maintain accounting systems in your small business, and if you are a student, it becomes useful as well.
Thank you for choosing my online course. Please do not forget to leave a useful review if you like this course.