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Manage Your Small Business Finances With These Expert Tips

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Chelsea Krause

Chelsea Krause

Managing Editor - Accounting
Chelsea Krause is a writer who has specialized in accounting for over three years and is a QuickBooks Certified User. She has a BA in English & Creative Writing from George Fox University and studied at the University of Oxford as well. She has been quoted in Forbes and her work appears in Startup Nation, Small Business Bonfire, and Women on Business.
Chelsea Krause

We've done in-depth testing of each and confidently recommend them.

We've done in-depth testing of each and confidently recommend them.

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8 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Millstone Partners UK

    This is a very enriching post. Love all these accounting tips from an expert. Amazing post. Thank you!

      This comment refers to an earlier version of this post and may be outdated.

      Taylor Anderson

      My friend wants to start up his own game business, though he isn’t sure how to deal with taxes. It was interesting when you mentioned that separating your personal and business expenses can help you if you get audited and keep you out of trouble. Thanks for sharing these great tips about how to make business taxes easier.

        This comment refers to an earlier version of this post and may be outdated.

        Chelsea Krause

        Hi Taylor,

        I’m glad you found the information helpful! We have several other great tax articles on our site as well including What Can I Write Off As A Small Business Tax Deduction? and How Your Business Accounting Software Can Help You File Taxes.

        Best of luck to your friend!

        -Chelsea Krause

          This comment refers to an earlier version of this post and may be outdated.

          Rajesh Sharma

          Very Useful article. I think every business small or big should read this article before even stepping into it. An article worth of share. Thank you so much.

            This comment refers to an earlier version of this post and may be outdated.

            We've done in-depth research on each and confidently recommend them.

            Greco

            I run a few small start-ups and I find it really difficult to manage all the numbers. Thanks for these tips about getting software you need. I have heard that not all businesses should use the same software. Is that true? Do you have any tips or articles on determining which to use for my business? Thanks!

              This comment refers to an earlier version of this post and may be outdated.

              Chelsea Krause

              Hi,

              Thanks for reaching out! It is true that each accounting software is designed for a specific business size and type in mind, so the best software option for every business will vary.

              I highly recommend taking a look at our 10 Questions To Ask When Choosing An Accounting Software post. In this post, I cover how to determine what your business needs from an accounting software and how to find the right software for your business. In our follow up post, 10 More Questions To Ask When Choosing Accounting Software, I give tips for evaluating different software options, making sure a company is reliable, and ensuring that you get the most bang for your buck.

              I hope this helps! Let me know if you have any follow up questions after reading those posts. I’d be more than happy to help with more specific suggestions.

              Best wishes,

              -Chelsea Krause

                This comment refers to an earlier version of this post and may be outdated.

                Steav Smith

                Great article. Thanks for sharing the tips with us. The article was a great help to me. It was worth reading.

                  This comment refers to an earlier version of this post and may be outdated.

                  Chelsea Krause

                  Hi Steav,

                  I’m happy to hear that you found the article helpful!

                  Best wishes,

                  – Chelsea Krause

                    This comment refers to an earlier version of this post and may be outdated.

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