Most entrepreneurs enter new ventures because they know something about products or retail or sales and marketing. Despite a burning passion for their new businesses, entrepreneurs will not succeed unless they learn to keep their financial records in order.

Record keeping is considered by many entrepreneurs as one of the “least important” part of operating a business (unless you are an accountant). However, good record keeping is essential to your financial survival. Here is a quick, crash course on basic record keeping. Continue reading

5 Responses
  1. Booby says:

    Hi,

    we’ve been in the business for quite a time say 4-5 years (dealer of dog food), but it seems it’s not prospering and what we just have is for our daily sustainance, I am still thinking of keeping the business, but I want to venture in broiler poultry raising 40-50k heads. But don’t have enough capital as of now, do you know who can assist in such kind of starting a business? How much do you think I should start off with that kind of Business?

  2. Fil says:

    Hi! Sino po merong FS for bakery/ Home-based / Small Scale business.. please email it. thanks po!

  3. elvie says:

    can you give me format of FS for beginners and non accountants?

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