%PDF-1.4 %âãÏÓ 1 0 obj << /Type /Catalog /Pages 2 0 R >> endobj 2 0 obj << /Type /Pages /Count 3 /Kids [5 0 R 7 0 R 9 0 R] >> endobj 3 0 obj << /Type /Font /Subtype /Type1 /BaseFont /Helvetica >> endobj 4 0 obj << /Type /Font /Subtype /Type1 /BaseFont /Helvetica-Bold >> endobj 5 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 6 0 R >> endobj 6 0 obj << /Length 5231 >> stream BT /F2 22 Tf 0.06 0.08 0.12 rg 1 0 0 1 46 789.89 Tm (Five Tips for Managing Your Business's Finances) Tj ET BT /F2 11 Tf 0.72 0.14 0.18 rg 1 0 0 1 46 752.89 Tm (TechRounder PDF Edition) Tj ET BT /F1 9.5 Tf 0.36 0.39 0.46 rg 1 0 0 1 46 736.89 Tm (Live article: https://www.techrounder.com/business/five-tips-for-managing-your-businesss-finances/) Tj ET q 0.82 0.85 0.9 RG 1 w 46 718.39 m 549.28 718.39 l S Q BT /F1 10 Tf 0.24 0.27 0.32 rg 1 0 0 1 46 706.39 Tm (By Vipin PG | Published March 27, 2020 | Updated March 8, 2026 | Format: Article | 4 min read) Tj ET BT /F2 13 Tf 0.72 0.14 0.18 rg 1 0 0 1 46 683.39 Tm (In brief) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 663.39 Tm (There's a lot you have to do to get your finances in order so you can finally start your business, but) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 648.39 Tm (just because you have your ducks in a row and your doors are open doesn't mean your job is done.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 623.39 Tm (There's a lot you have to do to get your finances in order so you can finally start your business, but) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 608.39 Tm (just because you have your ducks in a row and your doors are open doesn't mean your job is done.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 586.39 Tm (Managing the day-to-day finances of a business can be tiring and time consuming, but it is extremely) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 571.39 Tm (important if you want your business to thrive. Make keeping track of the numbers easier with these) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 556.39 Tm (financial tips.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 528.39 Tm (Use the Right Technology) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 504.39 Tm (Technology can make nearly every area of your business easier, which includes managing your) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 489.39 Tm (finances. For example, you could choose a data ingestion platform that enables you to keep track of) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 474.39 Tm (multiple streams of data, or you might choose accounting software for a specific aspect of your) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 459.39 Tm (financial management, such as lease accounting compliance, or you may choose both.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 437.39 Tm (The technology you choose should keep track of information that directly and indirectly impacts your) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 422.39 Tm (bottom line. For example, if you find the right platforms that can keep track of sales, business costs,) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 407.39 Tm (payroll, and more, you can gain a clear picture of where your business excels and which areas need) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 392.39 Tm (attention.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 364.39 Tm (Know Your Seasonal Cash Flow) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 340.39 Tm (Seasonal businesses have a huge challenge in that their income changes throughout the year. However,) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 325.39 Tm (most businesses notice there are slow times during the year and other times when purchases) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 310.39 Tm (increase. Therefore, it's a good idea to understand and learn how to manage seasonal cash flow, no) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 295.39 Tm (matter what your business.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 273.39 Tm (It includes knowing the start and end of both the peak season and off season of your business, as well) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 258.39 Tm (as identifying recurring variable expenses, so they don't take you by surprise. In addition, keeping a) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 243.39 Tm (12-month spreadsheet plan can help you make sure you have enough cash to cover operations when) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 228.39 Tm (things slow down.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 206.39 Tm (Consider a business line of credit. That way, you've got access to the funds you need to keep running) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 191.39 Tm (if you don't have quite enough cash to make it through your slow season.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 163.39 Tm (Make Time for Accounting) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 139.39 Tm (Accounting duties can be boring, and they are repetitive. When you have a busy day, it's a lot easier to) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 124.39 Tm (leave some of that stuff until the next day rather than doing it before you go home. The trouble is, you) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 109.39 Tm (might find yourself busy multiple days in a row, and before you know it, you're really behind.) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 1 of 3) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/five-tips-for-managing-your-businesss-finances.pdf) Tj ET endstream endobj 7 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 8 0 R >> endobj 8 0 obj << /Length 4990 >> stream BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 789.89 Tm (Make sure you don't get behind by making time to do accounting tasks every single day. They might) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 774.89 Tm (include:) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 752.89 Tm (- Reconcile cash purchases against receipts) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 736.09 Tm (- Record all payments you receive) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 719.29 Tm (- Deposit any cash and checks in the bank) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 702.49 Tm (- Record inventory into your system) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 685.69 Tm (- Back up your data) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 668.89 Tm (If dealing with so many financial details daily is overwhelming, it's time to hire someone to do the) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 653.89 Tm (work for you.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 625.89 Tm (Think Ahead When It Comes to Scaling Your Business) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 601.89 Tm (Success over time usually includes an increase in business. When purchases increase, you want to be) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 586.89 Tm (able to handle them without breaking your budget. That's why it's a good idea to think ahead when it) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 571.89 Tm (comes to scaling your business.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 549.89 Tm (That includes choosing software and technology systems that can be scaled quickly instead of updating) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 534.89 Tm (your systems when you're dealing with an increase in sales. It also means finding ways to automate) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 519.89 Tm (certain areas of your business so when the time comes, you don't find yourself with more work to) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 504.89 Tm (do. You should also have a plan in place for maintaining quality and consistency as demand picks up.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 476.89 Tm (Always Look for Ways to Save) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 452.89 Tm (No matter what kind of business you're running or what your finances look like, it's always worth) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 437.89 Tm (your time to look for ways to save money.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 415.89 Tm (There are tons of ways to save! Every little bit counts, so don't think that saving just a few dollars) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 400.89 Tm (won't matter. Consider ideas like:) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 378.89 Tm (- Buy in bulk) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 362.09 Tm (- Unplug appliances easily with powerstrips) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 345.29 Tm (- Renegotiate with suppliers) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 328.49 Tm (- Cancel recurring services you don't need) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 311.69 Tm (- Turn off your computers at night) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 294.89 Tm (- Search for free software) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 278.09 Tm (- Choose a bank that minimizes business fees) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 261.29 Tm (- Go digital and get rid of paper) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 244.49 Tm (- Search for discounts and coupons before making a purchase) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 227.69 Tm (- Sell unused items around the office) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 210.89 Tm (Managing your finances is something you need to do every day in multiple ways if you want your) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 195.89 Tm (business to succeed. Fortunately, it doesn't have to be as difficult or as time consuming as it sounds!) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 180.89 Tm (Spending a little time upfront thinking about your finances with these tips will ensure you always have) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 165.89 Tm (a clear picture of the money coming in, the money going out, and how you can save.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 143.89 Tm (You may also read) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 121.89 Tm (- 3 Ways to Grow Your Business Fast) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 105.09 Tm (- The Role of Artificial Intelligence in Transforming Business) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 88.29 Tm (- 3 European Countries With Best Tech Business Opportunities) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 2 of 3) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/five-tips-for-managing-your-businesss-finances.pdf) Tj ET endstream endobj 9 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 10 0 R >> endobj 10 0 obj << /Length 834 >> stream BT /F2 13 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 789.89 Tm (References) Tj ET BT /F1 10 Tf 0.18 0.2 0.24 rg 1 0 0 1 46 769.89 Tm (1. businessnewsdaily.com - 11079-daily-accounting-checklist.html -) Tj ET BT /F1 10 Tf 0.18 0.2 0.24 rg 1 0 0 1 46 756.39 Tm (https://www.businessnewsdaily.com/11079-daily-accounting-checklist.html) Tj ET BT /F1 10 Tf 0.18 0.2 0.24 rg 1 0 0 1 46 738.89 Tm (2. smallbiztrends.com - 2017 / 05 -) Tj ET BT /F1 10 Tf 0.18 0.2 0.24 rg 1 0 0 1 46 725.39 Tm (https://smallbiztrends.com/2017/05/save-money-in-your-business-operations.html) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 3 of 3) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/five-tips-for-managing-your-businesss-finances.pdf) Tj ET endstream endobj xref 0 11 0000000000 65535 f 0000000015 00000 n 0000000064 00000 n 0000000133 00000 n 0000000203 00000 n 0000000278 00000 n 0000000420 00000 n 0000005702 00000 n 0000005844 00000 n 0000010885 00000 n 0000011028 00000 n trailer << /Size 11 /Root 1 0 R >> startxref 11913 %%EOF