If you’re in the throws of starting a new business, now’s the time to get a handle on your books. Once your business is thriving and your cash flow starts moving, you’ll benefit from having a solid strategy when it comes to your bookkeeping.

Once things start to get busy, it can be an absolute nightmare trying to untangle business with personal.

Set up your business bank accounts right from the start and make sure all transactions are processed through those accounts. This will also help you quickly determine your cash flow, as you can easily see your income versus your expenses.