Bookkeeping Basics for Beginner Small Business & Online Business Owners

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Are you a small business owner or just starting a side hustle and feeling overwhelmed by bookkeeping? In this beginner-friendly video, we’ll break down the basics of bookkeeping for small businesses so you can understand essential concepts like income tracking, expense management, assets, liabilities, and equity. Whether you’re unsure about cash vs. accrual accounting or which bookkeeping software is best for you (we cover Xero, QuickBooks, and Wave), this guide simplifies it all. You’ll get a clear monthly routine for organizing your finances and tips on working with an accountant to maximize your tax deductions and optimize your financial records.

Starting a small business doesn’t mean you need a degree in accounting—this video will help you gain confidence in handling your business’s finances without the stress. Plus, we’ll show you how understanding basic bookkeeping can lead to better business decisions and more profit in the long run. From managing your tax obligations to keeping track of your monthly transactions, this tutorial is packed with actionable steps and insights for any small business owner ready to get organized. Hit play to take control of your bookkeeping today!

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