This document provides tips for small business owners on managing their finances and money. It recommends keeping track of all financial transactions in a budget and accounting system to avoid dealing only in cash. Specific tips include opening a bank account, using online payment services like PayPal, and categorizing all income and expenses each month so you know where your money is going. The document also includes a sample monthly budget and stresses the importance of being realistic about finances and saving even small amounts regularly.

1. DON’T BE A DUMMY JUST MANAGE YOUR MONEY

2.  Ice breaker
 Turn to the business owner next to you and tell
them your name. Past business, present business
and a future goal!!

3.  What is it?
 How you record the flow of your transactions
from beginning to end.
 Database

4. Order
Advertise
Bills
Material
Vending
Shipping
Travel
Customer!

5.  Mindset
 Putting off
 Thinking the little things are insignificant
 Financial literacy
 Categorizing
 Financial instability/ survivalism
 No Bank account
 Receipts fade

6.  DONT’S
 DEAL IN CASH, instead take it to the bank!

7.  INTERNET IS YOUR BFF!

12.  For one month keep track of everything
 Sign up for a bank account
 Get a PayPal, so you can get a debit card
 Get away from cash
 Anovia will contact you in 24hours and send
the equipment
 Stop taking cash

13.  Monthly income: $3,000
 Expenses:
 Rent/mortgage: $800
 Household bills (utilities/electric/cable): $125
 Groceries: $300
 Dining out: $125
 Gas: $100
 Emergency medical: $200
 Discretionary: $400
 Savings: $900

14.  Be real with yourself
 No amount is too small

15.  Budget
 Record
 Actual

16.  Print all statements for the year
 Anovia
 Paypal
 Square
 Bank Statements
 Fresh Books
 Quick Books
 And receipt book for cash transactions

17. abdullahassociates@gmail.com
Office Address:
5930 Haverford Avenue
Philadelphia, PA 19151
Off: (215) 476-7000
Fax: (215) 476-7100
Cell: (215) 479-2079