The All-in-One Guide to Getting Started With Business Finances

Apr 9, 2021

The All-in-One Guide to Getting Started With Business Finances

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Finance experience is not a prerequisite for starting a business. Quite the contrary: 60% of small business owners aren’t confident in finance and accounting. Cash mismanagement is the second most prevalent reason for startup failure—but it doesn’t have to be that way.

You don’t need an MBA to manage your business’s finances effectively, nor do you need a full-time accounting department. You just need a helping hand, a little know-how, and a willingness to learn. 

Hey, you’re already showing a willingness to learn by reading a guide about finances—good on you! And, hopefully, you’ll have all the fundamental know-how you need by the time you’ve reached the bottom of the page.

This guide will walk you step-by-step through getting started with your business’s finances. From separating your business and personal finances to paying the right amount of taxes—on time—we’ll show you everything you need to know to become one of the 40% of small business owners who are confident in finance and accounting.

Let’s start with why this matters in the first place—then, we’ll move on to how to get started.

About the Author

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Jesse Sumrak

Jesse Sumrak is a Social Media Manager for SendGrid, a leading digital communication platform. He's created and managed content for startups, growth-stage companies, and publicly-traded businesses. Jesse has spent almost a decade writing about small business and entrepreneurship topics, having built and sold his own post-apocalyptic fitness bootstrapped startup. When he's not dabbling in digital marketing, you'll find him ultrarunning in the Rocky Mountains of Colorado. Jesse studied Public Relations at Brigham Young University.

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