One of the things that many small business owners dread is the administrative and accounting tasks the law requires for running their small business. But if you keep up on accounting matters throughout the year, it won’t seem like such an overwhelming burden at the end of your fiscal year.
Source: SCORE
If you are starting a small business, there is no shortage of advice on the steps you should take: registering your business name, getting a Tax ID, deciding on a business structure and applying for the needed permits and licenses. While these are all very important steps to take, a business plan will be central to how you start, grow and develop your business.
Source: SBA