Finance & Accounting
Lesson Length: 27 min
In this lesson, we’re going to discuss two areas that are really important to your business - your accounting and finances. Most business owner’s don’t have much training or background in these areas, so we’re going to take a very elementary look at the basics of accounting and finance. We’ll get you to an introductory level of understanding that will allow you to make good decisions around the role of data, information, and cash in your business.
Finance vs. Accounting
Building Your Chart of Accounts
- Chart of Accounts Resource Guide
The Tune-Up Challenge
Review your current Chart of Accounts and see if you know what every account represents. If not, get with your bookkeeper and re-organize it so that it works for you.
Questions, Thoughts, Ideas?