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Pro Audio
Junior Varsity
Managing a developing, young business
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<blockquote data-quote="kristianjohnsen" data-source="post: 50344" data-attributes="member: 441"><p>Re: Managing a developing, young business</p><p></p><p></p><p></p><p>All that stuff is a great idea, but I thought that stuff was pretty much 101-stuff. </p><p></p><p>Anyway. </p><p></p><p>Get even more accounts. There will be times when you have a lot of money in the business account and you'll be truly screwed if your business debit card is misused. I suggest a "holding account" where you stick "surplus money" while you're waiting to pay taxes, receive a big envoice, or just saving up. That way, if your business debit card is stolen all they get is a tank of gas and a meal at McDonalds.</p></blockquote><p></p>
[QUOTE="kristianjohnsen, post: 50344, member: 441"] Re: Managing a developing, young business All that stuff is a great idea, but I thought that stuff was pretty much 101-stuff. Anyway. Get even more accounts. There will be times when you have a lot of money in the business account and you'll be truly screwed if your business debit card is misused. I suggest a "holding account" where you stick "surplus money" while you're waiting to pay taxes, receive a big envoice, or just saving up. That way, if your business debit card is stolen all they get is a tank of gas and a meal at McDonalds. [/QUOTE]
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