In order for small businesses to be successful and sustainable, it is crucial to start making sure that you have accounting responsibilities taken care of in advance. This includes legal and financing activities, planning, and many housekeeping tasks, from registering business to bookkeeping to projecting cash-flow and to paying taxes. While you may not need to have an accounting degree to accomplish these tasks, the more you understand about these vital financial components to small business operation, the greater your business will succeed.
BSB receives many inquiries throughout the year from small-business owners and have compiled a checklist to address some of the most common questions that we receive from clients. These checklists are composed of the main accounting requirements a new small business owner needs to complete before their business can launch. To learn more about any of these items on the checklist, please consult your accountant.
REQUIRED – ALL BUSINESSES
REQUIRED – IF YOU HAVE EMPLOYEES
AFTER OPERATIONS BEGIN
Download a printable copy HERE