In order to run a real business you need to watch your money to the penny. You must watch it everyday and be ready to balance the books. It used to be that you balance the books at the end of the month. As a person with ADD, I find it better to balance them everyday. Before you say WTF, balancing can be automated through several tools.
Your banks online banking.
Depending on your bank, you will have an extensive online banking system that allows you to track your spending. This is important.
Quickbooksonline.com
Quickbooks is a pain in the ass, but its the lesser of all evils. Don't bother looking for free bookkeeping systems; they simply don't exist at the capacity you need.
If you plan to grow your business and eventually invest in yourself, you need to use quickbooks. The desk top version is recommend but I love the ease of use of the online version. Quickbooks will allow you to export to Turbotax.
Turbotaxonline.com
You will love doing your taxes after you do them on Turbo Tax for the first time. Give it a try. Setting up the account is free and you only pay when you submit your taxes. Even then, if you are due a refund, they deduct the costs from your refund so you never actually have to come out of pocket. For as much as I think Intuit products are a pain, this product wins a huge kudos in my opinion.
Mint.com
Mint is great for tracking and categorizing expenses; however, even more importantly, they provide you with credible partner opportunities with creditors and other business related businesses.
It's free and subsidized by advertising. The ads are surprisingly relevant and are one of the few add driven web sites I actually use.
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