Small Biz Tip: Organize Your Finances

Posted by Cheryl Sowa on Tuesday, July 07, 2009

Tips from July 7, 2009

The Small Business tips today will be about organizing your finances.

  1. Keep your bills in one place to pay them on schedule and avoid unwanted late fees or worse, damaging your credit record.
  2. Consolidate accounts to one credit card if you have outstanding balances. Check balance transfer rats & one time fees.
  3. Use a software program. Quicken makes bill paying and reconciliation easy. ABC members receive discounts on the software.
  4. When saving receipts, save them in order of your purchases. When the statement comes, it will be easy to go over.

Daily Overview: Avoid errors with your finances by organizing. You will also save time and money! 

Here at ABC we post small business tips to our employee's Twitter account each day, Monday through Friday. This is a reposting of those tips.

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Cheryl Sowa

Cheryl Sowa is a Public Relations Coordinator for America’s Best Companies. She also writes daily for the Small Business Center. Cheryl graduated from the University of Illinois at Urbana-Champaign and obtained Bachelor degrees in English and Communications. Contact Cheryl

Tags: organize, finances, bills, software, quicken, reciepts

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