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As a business owner, up until this point, you may have managed your finances successfully. Even if you don’t have much financial knowledge or experience.

However, as your business and revenue grow, managing your financials may become a task you don’t have the time or knowledge to manage. Specifically, when it comes avoiding legal and compliance issues, an accountant can be your most valuable asset.

You know the people I’m on about. You ask how they’re doing and you’re met with: “I’m swamped.” “Last night I was at work until midnight.” “It’s a madhouse here.” “I’ve got so many deadlines.”

I’ve got something to tell you: everybody’s busy.

I’m not exactly saying it’s bad to be busy. I’m just saying don’t tell anyone.

Why’s this?

Well when you tell people you’re busy, it can translate into some unintentional things. Such as:

“I’m so busy I can’t take on anything else.” Or, “I’m too busy to talk to you." 

I’ve always been a fervent advocate of personal financial responsibility, so to help mitigate some of the stress of dealing with your finances, here are 4 tips to keep you going…

I’ve seen small businesses limit themselves by neglecting to invest in things they don’t think are necessary... but a few things are essential to growth.

What are the business essentials you’re missing? What’s an example of something you could be taking advantage of?

Training is a good business strategy.

Whether it’s to help your employees grow into their current position, or simply find more efficient ways to work, you should provide your team the opportunity for growth when they want to be better at their job.

Where do you see yourself in five years? I’m sure growth and success are involved in there somewhere…

While business strategies come and go, there is no substitute for simple goal setting. Here are a few tactics to help push you and your business toward success: