As a small business owner you may have a lot on your plate- from ideation to execution to follow-ups and meeting. Since there is generally no dearth of professional accountants or CAs in the country you may be tempted to leave the world of accounting and your business’s books to a professional hired by you. While there are many advantages to outsourcing it is important that you as the business owner are able to understand how your accounts work. Here are the five things you as the small business owner must know to run a successful business.

This Accounting 101 for Small Business app provide business owner with basic knowledge about accounting principles.

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