When starting a new business, there is so much you need to know – your product, customers, marketing, technology… the list is endless. And then, there’s numbers. Whilst most small businesses squirm at the thought of small business bookkeeping and accounting, staying on top of your numbers is really important. One of the key reasons start-ups fail is because of a lack of financial understanding of how their business is really performing.
At Nudge, we’ve put together a short and really easy to read (and understand!) guide book on Financial Basics for Start-Ups. It goes through some of the key things you need to know when starting out, as well as some bookkeeping and accounting basics. It is available as part of the “Tools of the Trade” series on Shoe String, and can be downloaded via this link http://www.shoestring.com.au/2013/01/tott-guide-to-finance-basics-by-nudge/