Blog Archives - Freedom Business Management

Welcome to the Freedom Business Management blog! Here, you will discover valuable tips and practical advice to guide you through your small business journey.

The Benefits of Joining a Chamber of Commerce

For many business owners, joining a local chamber of commerce might seem like a formality, but the advantages extend far beyond just a membership plaque on the wall. As a proud member of several Chambers of Commerce over the years, I’ve experienced firsthand the incredible benefits these organizations bring. Here’s a closer look at why chamber membership is more than just a networking tool—it’s a powerful resource that can help your business grow and make a real impact in the community.

New Business Startup Advice: Why Every Startup Needs a Bookkeeper!

New Business Startup Advice | Freedom Business Management in Cornelia, Georgia

Consider a scenario where your new business startup is on its way from idea to formal business. There are many, many things to think about and consider. Here, you will find 10 comprehensive pieces of new business startup advice!

And one of them may just include that all-important decision of when to bring in outside experts to assist you with some of the operational functions that go into running a business.

Why Hire a Business Consultant?

There are several reasons business owners should consider hiring a business consultant. Business Consultants bring their experience and expertise to helping businesses maximize their potential and avoid pitfalls. Some business consulting services include:

Providing expertise in a specific market
Identifying problems
Supplementing existing staff
Initiating change
Providing objectivity
Teaching and training employees
Doing the “dirty work,” like eliminating staff
Reviving an organization
Creating a new business

The Importance of Separating Business and Personal Finances

Whether you are an entrepreneur who is just starting up or a small business owner who has been chugging along for a while, nothing is more important than separating your business and personal finances.

Why should business owners be concerned about keeping these finances separate? Legal liability, ease of bookkeeping, and personal asset protection are just a few reasons to separate your personal cash from your business dealings.

The Serious Consequences of Bad Bookkeeping on Your Small Business

There are many things that you need to worry about as a small business owner. Not only are you evaluating cash flow to make sure that you have enough money for payroll, but you are also carrying the burden of overseeing employee management, budgeting, business development, customer service, marketing, and more. These responsibilities can add up, making it easy for important tasks to slip through the cracks.

Certain tasks can be handed in the future, but don’t procrastinate financial matters resulting in a situation where you are facing bad bookkeeping practices.