Perhaps the only significant development that's worth posting about here is the purchase of Peachtree Accounting software for keeping the books for SelfReliant. I also have the help of an accountant, and will be working with her to learn Peachtree and to determine what I can post to this blog. Peachtree Pro cost the company just over $200, and further costs and revenues will be documented here in real-time. I appreciate any comments you may have on the finances of this company, and hope SR's numbers provide SelfReliant observers with insights for their own online ventures.
NB - QuickBooks is of course the other top accounting software out there for small businesses, and WinWeb.com provides a free accounting package for tiny companies, but Peachtree is another industry standard (by Sage Software) and it's the platform my accountant is most familiar with.
Monday, January 21, 2008
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