When you are running a small business, you will be wearing many different hats, and struggling with a long to-do list. Your activities will be directed towards getting the business to make money. After all, a business that is not making money is not better than a hobby.

Regardless of your financial goals, your business may not be able to make money if you cannot manage and organise its finances. Here are six simple steps for creating order in the finances of your business:

1. Keep Track Of Your Income: You need to track the income of your business at daily, weekly, monthly and yearly intervals. This will help you understand how much money the business is bringing in.

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