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		<title>Do entrepreneurs struggle with finance and accounting?</title>
		<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
		<description>Do entrepreneurs struggle with finance and accounting?</description>
		<lastBuildDate>Fri, 25 Jan 2013 15:36:21 GMT</lastBuildDate>
		
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				<title><![CDATA[ 
I have found that understand]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[ 
I have found that understanding the finances can be a major roadblock for entrepreneurs (new and existing!).  As a bookkeeper, I focus on not only the data entry and day-to-day accounting (A/R, A/P, invoicing, etc.) but ]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#803740</guid>
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				<title><![CDATA[Well, they won't if they start u]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[Well, they won't if they start using softwares for handling finance and accounting. Yes, its true that with the help of accounting software one can easily speed up things which would be great for the growth of the business.]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#795159</guid>
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				<title><![CDATA[I have found that understanding ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[I have found that understanding the finances can be a major roadblock for entrepreneurs (new and existing!).&#160; As a bookkeeper, I focus on not only the data entry and day-to-day accounting (A/R, A/P, invoicing, etc.) but I also try to make sure that my[...]]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748812</guid>
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				<title><![CDATA[
  Of course you want bookkeepe]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[
  Of course you want bookkeepers to record the transactions, but it is CRITICAL for business owners to understand the financial position of the company and to understand how operational decisions impact the financial well being&#160;of the company.]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748811</guid>
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				<title><![CDATA[Entrepreneurs/businessman should]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[Entrepreneurs/businessman should focus more on business mission and let bookkeepers record transactions, accountants to do the financial side and tax experts do tax planning.
But i agree business owners should have a better understanding on mo]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748810</guid>
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				<title><![CDATA[Ken you are providing a great se]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[Ken you are providing a great service.&#160; Most accountants just push paper and fill out forms.&#160; I try to teach my Accountants, Chartered&#160;Accountants&#160;and CPAs to break the cycle.&#160; Many it would seem want to just get a copy of the clie[...]]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748809</guid>
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				<title><![CDATA[
  Chris - your comments are ti]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[
  Chris - your comments are timely, I was just explaining to someone the difference between cash and accrual accounting, why to have your operating budget on the same basis (so one`s variances are not just timing differences) and the importance of m]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748808</guid>
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				<title><![CDATA[Agreed, with accounting &amp; fi]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[Agreed, with accounting &amp; finance for sure, typically other areas as well.&#160; I`ve found startups usually are great at one thing (web dev, sales, marketing) and suck at everything else.&#160; As said above, thus the need for virtual CFO, although al[...]]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748807</guid>
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				<title><![CDATA[All entrepreneurs should have a ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[All entrepreneurs should have a good understanding of the finance side of their business. It`s actually quite easy to understand if explained in simple English. However, many entrepreneurs get confused by accounting speak. ]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748806</guid>
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				<title><![CDATA[
Also, with regard to Matt`s co]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm</link>
				<description><![CDATA[
Also, with regard to Matt`s comments I don`t think it`s a bad idea to get a little help with budgeting, forecasting planning etc. Business owner`s time is better spent running their business but they do still need a good work]]></description>
				<pubDate>Fri, 25 Jan 2013 15:36:21 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Do-entrepreneurs-struggle-with-finance-and-accounting.htm#748805</guid>
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