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    Financial Serenity for Startups: How to Create the System to Build Your Dreams
    Financial Serenity for Startups: How to Create the System to Build Your Dreams
    Financial Serenity for Startups: How to Create the System to Build Your Dreams
    Ebook40 pages39 minutes

    Financial Serenity for Startups: How to Create the System to Build Your Dreams

    By Melanie Armstrong

    ()

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    About this ebook

    This book will tell you;

    *The key practices of successful business owners
    *How to set up a simple accounts system to keep track of your cash flow
    *The three key things you need to do to manage your customers and make sure they pay on time
    *How to set up a cash flow projection in five simple steps

    LanguageEnglish
    PublisherMelanie Armstrong
    Release dateJan 14, 2013
    ISBN9781301764983
    Financial Serenity for Startups: How to Create the System to Build Your Dreams
    Author

    Melanie Armstrong

    Melanie Armstrong has over 15 years experience in administrative and accounts based roles with the last 10 years focused in finance. She spent several years working as an undergraduate accountant while completing her Bachelor of Commerce (Accounting) before moving back into the corporate environment to focus on bookkeeping. Her work as a freelance bookkeeper has given her extensive, hands on experience in creating and maintaining accounts systems across a broad range of industries.

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      Book preview

      Financial Serenity for Startups - Melanie Armstrong

      FINANCIAL SERENITY FOR STARTUPS – HOW TO CREATE THE SYSTEM TO BUILD YOUR DREAMS

      By Melanie Armstrong

      Copyright 2017 Melanie Armstrong

      Smashwords Edition

      Smashwords Edition, License Notes

      This eBook is licensed for your personal enjoyment only. This eBook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of the author.

      ***

      FINANCIAL SERENITY FOR STARTUPS – HOW TO CREATE THE SYSTEM TO BUILD YOUR DREAMS

      Table of Contents

      Chapter One - The Key Ingredient for Success

      Chapter Two - Get Proactive

      Chapter Three - Get Organised

      Chapter Four - Review Your Receivables

      Chapter Five - Where Did All the Money Go?

      Chapter Six - Funds for A Rainy Day

      Chapter Seven - Planning Ahead

      ***

      Chapter One – The Key Ingredient for Success

      I am a passionate advocate of choosing the path less travelled and creating your own destiny through business. I love hearing success stories of brilliant, driven, talented people who dare to dream and take a chance on building their own empire.

      Sadly, research tells us that many businesses do not make the five-year mark, let alone survive the first year.

      There are so many elements that go into making a business a success and I have seen both the good and the bad. Even if you have the right product for the right market - without cash flow you won’t survive! Good cash flow is the most critical aspect of your business and in my view, cannot be achieved without an effective accounts system in place.

      My background

      I started my career working as an undergraduate in an accounting firm. While it was clear to me quite early on that my future was not going down this path, I learnt the ropes in those first years. I credit this experience with helping me become a successful bookkeeper.

      With extensive experience in the finance industry, predominantly focused on bookkeeping, I was privy to the inner workings of many small businesses. Throughout this time, I followed the same procedure

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