Entrepreneurship on Line

Aiming for skilled entrepreneurs.

Thursday, July 29, 2010

Accounting

Entrepreneurs should get into an accounting mindset.

Most people think it is boring but it's only boring because they aren't interested in it.

Knowing the assets equal liabilities plus owners' equity is key to knowing how to run a business.

All that other stuff, like time value of money, is also important and it's important what kind of accounting you use is also important.

Not knowing what you're company is worth on a daily basis, how much cash you have, etc., can kill you dead.

Entrepreneurship is the life's blood of all my professional activities. It makes them go. And go read my mystery for free at wwww.kearneymusicschoolmurders.blogspot.com or buy it from Amazon.com more cheaply than you can print it out.

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