Small Business Accounting 101: A Guide for New Entrepreneurs

New to business? Learn the fundamentals of small business accounting, and set your financials up for success.

Small Business Accounting 101

Accurate, efficient accounting is the lifeblood of every small business. If your accounting is out of order, the rest of your business will be too. In this guide, we’ll teach you the fundamentals of:

  • Opening a small business bank account and credit card
  • Maintaining separate finances
  • Keeping tax records
  • Expense tracking
  • Choosing accounting software
  • Bookkeeping and choosing a bookkeeper
  • Managing cash flow
  • Payments
  • Invoicing
  • Payroll and payroll tax
  • Sales tax
  • The role of financial statements

What this guide won’t teach you

To distill the entire IRS website would be overwhelming. So this guide won’t get until the minutiae of filing your tax returns (you can learn more about that here). However, if you follow this guide, your business will be well-prepared for tax time.

Download the guide, and set your finances up for success.

Small Business Accounting 101: A Guide for New Entrepreneurs

New to business? Learn the fundamentals of small business accounting, and set your financials up for success.

Download the Guide

Enter your information below and we'll immediately send your free resource

What you'll learn

Icon depicting people

How to hire a CPA

When do you need to hire an accountant? How do you find a good one? We'll show you.

Icon of a computer displaying a chart

How to set up your own bookkeeping

Learn the basics of how to start doing your own bookkeeping.

Icon depicting financial books

How to keep records

What records do you actually need to keep? How long do you keep them for? We cover that and more.

Join over 140,000 fellow entrepreneurs who receive expert advice for their small business finances

Get a weekly dose of educational guides and resources curated from the experts at Bench to help you confidently make the right decisions to grow your business. No spam. Unsubscribe at any time.

Decorative patterns