Managing finances can be one of the scariest aspects of owning a business. If you don’t know how to keep your finances in order, you could run into dire financial difficulties.

Always keep accurate records. When you own a startup, you need to learn how to do accounting and record keeping for small business.

Most of your day-to-day accounting details can be easily tracked online via your credit card and banking records. However, it’s important to keep all this information compiled in one location so you can review it at a glance.