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3: Hire An Accountant

From day one, you need to make sure that you are recording all financial information pertaining to your business. Exceptional book and record keeping skills is essential. An accountant can help you with tax planning, business plan review, bookkeeping, payroll and other functions that relate to the disbursement of money. As mentioned earlier, the financial plan is important because it is a blue print of your business, therefore having an accountant allows you to maintain order not only in your business but it also gives you a piece of mind that your finances are in good hands.

4: Live Your Dream

Now it’s time to live your dreams. Take all the tips that you have been given above and make your dreams come alive. Businesses are built based on creative and innovative ideas that were given wings to fly. Let your passion, ideas, skills and hobbies allow you to spend your life doing things you love to do as an entrepreneur. Your hobby may be the stepping-stone needed to start a successful career as your own boss!

Akilah C. Thompson is a Summa Cum Laude graduate of North Carolina A&T State University where she earned Bachelor of Science degrees in Accounting and Business Economics. She is an IRS Enrolled Agent, Certified Life Coach, Licensed Zumba Instructor and Inspirational Speaker. She is the Founder & CEO of her trademark company ACT Inspires Inc and nonprofit, Generations Inspired Inc. Akilah is also a model, actor and author. Her life goal is to inspire and empower others to be ambitious, courageous and talented. For more information, please visit Act Inspires.

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