To be truly successful, you have to treat your business like a business, and good accounting practices are a big part of that. Yet only twenty percent of the twenty million small and home-based businesses in the U.S. use accounting software to track their business finances. Many home-based business owners’ “bookkeeping systems” still consist of pens, paper, and boxes stacked in closets. Worse, many more don’t keep records at all. They have no idea where, or if, they’re making or losing money.
There are two main reasons business owners cite for not automating their finances and getting their businesses in order: price and complexity. However, according to Eric Gilmore, Product Manager for Microsoft Office Accounting, Microsoft’s latest edition to their Office line-up eliminates both those excuses. Says Gilmore, “Office Accounting Express is available for FREE, no strings attached, no training required, at http://IdeaWins.com.” Designed to be simple and user-friendly, the software necessitates no training manuals or courses and can be downloaded for free.
Simplify, Simplify
What does automating your finances do for your home business? It does several things, actually: