Small Biz Tip: Money Management: Safeguard Your Finances

Tips from June 29, 2009 The Small Business tips today will be about ways to safeguard your finances to save money. Keep track of every purchase by saving receipts from transactions. Find an effective way to record purchases, whether a computer program or check book.  Validate purchases by keeping up with bank statements and your purchases. ABC members have a discounted program, Shoeboxed.com, for record keeping. Try http://bit.ly/7Qb58. Back up your computer! A virus, crash, or even a simple computer malfunction can erase data and records.  If you have a computer program for your finances, back that up as well.  Losing this information could cost your business hundreds of dollars and many hours of recovery.  Save your information on an external hard drive to ensure safety.  Check, recheck, and check again on your bank statements.  Although unl... [Read Full Article]