4 Ways to Budget Your Business Like a Pro @MediaNovak
Nobody likes to talk about budgeting. Even more, budgeting is sort of a drag to do — but all can agree it’s incredibly important.
A few companies have launched software to make budgeting faster and easier. Plus, options for interaction with fellow entrepreneurs on sites like Twitter and Quora enables relevant feedback so you don’t pay excessive amounts for a service you don’t need. Read on to discover a few ways you can manage your company’s spectrum of debits and credits without too much stress.
1. Use Software
If Excel spreadsheets, paper receipts and data entry don’t match your cloud storage lifestyle, you’re in luck: Many entrepreneurs felt the same and a few decided to create an app that would turn their dream version of budgeting into reality.
inDinero is like Mint for small businesses and offers a deep feature set for keeping your transactions in check. You can connect bank accounts to view all of your cash flow in one place, as well as set categories, which inDinero will bucket transactions into automatically.