An Accounting Cheat Sheet for Entrepreneurs [Infographic]

The life of your business is directly related to how well you manage your accounting and bookkeeping.

Financial distress causes many small businesses to close their doors. In fact, it’s estimated that 82% of businesses fail because of cashflow problems. Whether you run a small business, franchise, or innovative startup, proper accounting practices will help keep your company moving forward.

The accounting cheat sheet infographic below will help any entrepreneur familiarize themselves with the accounting basics like:

Entrepreneur Accounting Cheat Sheet
Infographic via Bplans

If you’d like to learn more about better bookkeeping, accounting, and other business financial management topics, consider reaching out to the Tampa Accounting Firm of Rivero, Gordimer & Company.

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