Entrepreneur's Toolkit

Ensuring your daily finances are in order helps business owners understand the health of their operations, but also will alleviate the stress of tax season. Check out the sites below the IRS provides for business owners. 

• Aspiring entrepreneurs: learn the basics of setting up a business

• Starting a business

• Industries, Professions and Business Tax Centers

Understanding your cash flow will help you identify your losses and profits. Below is a film on forecasting cash flow. If you are unable to view it here, follow the link below. If you are asked to log in, use your U credentials.

https://login.ezproxy.lib.utah.edu/login?url=https://fod.infobase.com/PortalPlaylists.aspx?wID=102998&xtid=129214&loid=456218&isShared=true

Below are links to free resources that provide guidance on cash flow.

• Creating a cash flow projection

• Tips for Small Businesses to Master Cash Flow Management

• 10 Best Practices to Manage Small Businesses Cash Flow

Financial statements provide a story of numbers about a company's revenue, expenses, profitability, and debt. 

Film 

Below is a film for our Films on Demand database. If you're unable to view it here, follow the link below. If you are asked to login, please use your U credentials. 

https://login.ezproxy.lib.utah.edu/login?url=https://fod.infobase.com/PortalPlaylists.aspx?wID=102998&xtid=93896

Books

Below are books that can guide you on creating financial statements available at your library.

If you want to take a DIY approach to handling the books for your business, be sure to be aware of the latest accounting software and how they are rated. Below are a few books you may find useful.