- File paid bills, canceled checks and other documentation in a safe place in an organized manner utilizing file folders, filing cabinets or filing boxes. Ensure each file is clearly labeled
- Categorize your receipts throughout the year so you don't have to go searching for them at tax time
- Consider using a small business program such as Quick Books to keep track of sales invoices, expenses and inventory.
While I don't personally utilize a program to track my expenses, I do keep an excel spreadsheet and I file all of my invoices and sales receipts in an orderly fashion. I also have a built in program for my websites to track all of my sales, customer information and profit margin. This greatly helps to keep things organized and easily accessible. Of course, I wasn't always this organized and I'm still a work in progress but now I have less papers everywhere! Being organized only leaves one with a feeling of being out of control. Once you have organized your business documents, you have taken a very important step to setting the stage for your business to be successful.