Finance

Accounting 101 for a Growing Business

min read
Opinions expressed by Entrepreneur contributors are their own.

Emerging growth companies have different needs than startups, especially when it comes to accounting. If you’re not using professional software, tax expert Mark Kohler warns, you could be missing out on key information that can help you manage your business. Kohler, author of What Your CPA Isn't Telling You, advises growing businesses to upgrade their accounting practices, including investing in a bookkeeping system and hiring part-time help. 

Related Videos:
Three Tips for Avoiding a Tax Audit
How to be Cash-Flow Positive on Day One

For more tips on managing your business, check out Entrepreneur Solutions Playbook: 25 Small-Business Challenges.

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