If you are running a small or home business, you have to keep accounts. However, many small business owners have never been trained in accounting and do not find this to be a very easy task. Consequently, the question you need to ask is : "Should you do your own accounting, or get someone else to do it?" Logically, the first question to ask is: "Are you curious about numbers?" Any person who answers "no" to that question will probably be incapable of undertaking the bookkeeping task him or herself.
Business cash flow is a critical item in any small or large organization. A business operates in such a way that there are times when there is plenty of cash and other times when cash is in short supply. When you are beginning in business, and often as the business is growing, there is an element of trial and error as you figure out your business cash rhythms.