The inflows and outflows of your small business are like a beating heart. Keeping track of the income and expenses of your life's work should be an act of love. You cannot deliver excellence into anything you loathe. Those of us who live a solopreneur existence needn't contend with overly complicated and expensive accounting software. Since we must kill what we eat every day, and have no employees to keep the plates spinning, our manner of tracking the numbers must be dead simple. Using a ledger--writing income and expenses by hand into a book--is an elegantly simple solution for straightforward small businesses that feed a family. I previously endured 12 years of slow death while gazing into computer screens from a cubicle. The freedom of self-employment now extends into all areas of life, including accounting. Anything I can do to limit my time on screens is a worthy endeavor, because it places guardrails around my ability to focus. The analog way of keeping the books (literally!) accomplishes this. I currently manage three books for our family's three-legged stool: an urban farm, my wife's art, and my work as an author. This method is not only enjoyable, even at tax time, but it promotes the sense of freedom sought by choosing self-employment in the first place. Ledger-keeping with the Adams 12 Column account book is for entrepreneurs who have ample common sense and 5th grade math at the ready. You can do this!
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