gettyClint has a small business and drew heavily from his business degree and corporate experience when setting up his accounting system. Clint took this rigorous approach to his accounting system, but he’s not sure it was the correct course of action. Clint feels like he has a better feel for what his numbers are than what his accounting system is showing. What you, as a small-business owner, must do is simplify and optimize your accounting system and focus on actionable metrics. If you can’t email invoices from your accounting system and allow clients to pay those invoices online, it’s time to upgrade.

Source: Forbes December 29, 2020 12:22 UTC