New York SBDC Research Network

Some are barely more than a minute. Some take an hour or more. While some are highly technical, others are very user-friendly. There are talking heads; they are graphic intensive. We're talking about learning about bookkeeping online. Even if one delegates the day-to-day task to someone else, every entrepreneur needs to understand the basics about the financials of the business. Enter YouTube, which has about 66,000 videos that help businessperson with bookkeeping and accounting. Peruse at your leisure to see which ones resonate the most with you. I DO need to mention Introduction to Accounting from SBA.

Badly tracked finances can cause your business a world of problems—from poor cash flow to improper tax filings and beyond. These kinds of problems can put a young business at serious risk. Good bookkeeping habits, on the other hand, can help a business thrive—and not just survive. Dallas-based financial writer and founder of Careful Cents, Carrie Smith, shared her advice on what good bookkeeping means for entrepreneurs, and the good habits to adopt that will guide your business to success. MORE from BPlans.com

IRS publications: #552 Recordkeeping for Individuals #583 Starting a Business & Keeping Records #463 Travel Entertainment, Gift, and Car Expenses IRS videos Small Business Taxpayer