Guide | On Your Own
TOPIC 6
CPA Firm Cash Management
Develop a monthly budget. Include rent, utilities (if not included in rent), telephone, email or online service, cleaning and trash services, parking (if not provided), supplies and postage.- Establish a business checking account with your bank. Do not use your personal checking account for business expenses, or your business account for personal expenses.
- Consider whether you have sufficient capital for your start-up, or if you need to borrow money.