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Even if it’s rather annoying and uncomfortable for most entrepreneurs: You must take care of necessary administrative details from the very beginning: bookkeeping, invoicing, business account, tax consultant, etc. Today, we start with the core of the business: accounting. If you are not a trained accountant, leave it to the professionals.
Here is your task for today:
Find either a tax office that does the accounting or an online solution. These are now well-established and offer a low-cost start from $7.00 per month.
You can find an overview of providers here: www.how-employees-startup.com/bookkeeping.
You can also combine both, i.e., doing your own accounting with an online solution, but use a tax advisor who takes care of the taxes and advises you. In this way, you save costs on bookkeeping but have someone at your side who can point out mistakes or options that can help you save a lot of money and trouble.