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The financial side of running a business is the aspect that many entrepreneurs fear most of all. Yet, when carried out correctly the likes of common accounting and book-keeping tasks shouldn’t be too time-consuming or painful.
Bearing this mind, small business owners were today advised that taking the time to set up a smart accounting system is a vital step to carry out as soon as possible. The advice came from a business coaching expert who pointed out that this isn’t something that should be avoided or put off for too long.
Craig Ridley, the Founder of YourBusinessCoachingClub, said in a video presentation to his members that, “it is clear that not everyone feels equally comfortable when deal with numbers or using a spreadsheet. However, the importance of this issue means that putting it off because of the difficulty isn’t an option”.
The training video showed how easy it is to use an excel spreadsheet to very simply keep track of the money moving in and out of the business on a daily basis. It also covered the issue of tracking invoices, together with an explanation of how to maintain a good sales invoice file.
Mr Ridley said that, “entrepreneurs need to lose the fear factor associated with accounting matters, by seeing it as a normal part of their business operations rather than something incredibly difficult to learn.” He confirmed that with a bit of practice and some coaching any business owner can become confident and proficient in these tasks.
YourBusinessCoachingClub is an innovative business coaching club. It brings together impressive business coaching resources and slick access to an extensive network of business owners. With a low daily cost of under 50 cents per day, becoming a part of the YourBusinessCoachingClub network is a simple and effective approach to growing any business.
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