Keep detailed records. Accurate bookkeeping is invaluable in making smart business decisions. But, your bookkeeping is only as good as the information provided. Missing information, like the type of expense that checks were written for or the source of deposited income, can cause business owners to make decisions based on incorrect or incomplete information.
Create a system. Running a good business ties hand in hand with making it a no-brainer as to where your financial records are located. I will create a simple filing system for you.