Bookkeeping: What Is It? Why Do It?

What is bookkeeping? Why do you need it as a small business owner? How do you get started?

In this episode, Steve and Tyler dive into these questions and give you practical tips, whether you're just starting out, you are doing the books yourself, or you're ready to hire a bookkeeper.

• 00:00 Cashflow problems as a factor in business failure
• 01:35 What is bookkeeping?
• 07:31 How do you start keeping the books for your business?
• 11:09 Okay, you have a separate business account. Now what?
• 14:41 Common bookkeeping mistakes
• 20:02 What are the benefits of good bookkeeping?

Links:

• "What to do when you can't afford a bookkeeper" from "By the Books" podcast.