Do You Know If Your Business Is Making Money!?

Tips For Small Businesses Today

Last year at this time the majority of our clients here at the Iowa Western Small Business Development Center and Entrepreneurial Center were small business startups.  Today, more and more established   businesses are coming to us for our free resources to help them with bookkeeping, marketing, research, basic questions and more.  In the next few days/weeks I will focus on some tips and observations that I have picked up in the last very busy months.    In the mean time call or visit us and the Iowa Small Business Development Centers to learn more about what we can offer your small business or startup. 

If you are not using a bookkeeping software product on the COMPUTER (paper ledgers are harder to keep track of then learning how to work a computer) please start.  There are many products available including QuickBooks, Peachtree, and Microsoft Accounting Professional.  There are also several FREE open source and trial options available including QuickBooks Simple Start (Free Trial) and Adminsoftware (free open source bookkeeping software).  When choosing software, make sure that you choose something specifically for businesses.  Home /personal financial software will not be sufficient.

Start today and don’t look back, at least for now.  It is too daunting of a task to go back in time and try recapture what has happened 2 years ago or even 3 months.  Start at the first of the month and just go forward.   

If you need help The Iowa Western Community College Entrepreneurial Center and Small Business Development Center offers FREE one-on-one help on getting your company set up on QuickBooks or any other bookkeeping software.  Iowa Western is also offering a 4 day “Intro to QuickBooks” class starting on  October 13, 2009.  Visit the E-Center Calendar for details.

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