NYT: “A Few Accounting Essentials Can Spell Survival”
Brian Hamilton; a Sageworks user, Bart Justice of Secure Destruction; and others provide some insight on how the owners of small businesses can really benefit when they give some attention to their finances.
Justice, with his master’s in industrial engineering, was focused on growing his business and general operations. Finances weren’t his main concern. He admits, “I knew how to print a financial statement from QuickBooks, but I couldn’t tell you what it meant.” He started paying finances more attention just before the recession hit, and his timing couldn’t have been better because he and his company were then able to weather the difficult economy.
Read the full article on The New York Times’ website here.