business management and business operating basics for small business owners. in the beginning, you as the owner will perform all your start-up’s chores, or at least you will personally see to it that they get done. well, you’ll personally take care of all the important tasks at least — those responsibilities that will, down the road, either make or break your enterprise if they aren’t done correctly.
one of the first things you need to do when you start a business is to purchase insurance. we’re talking about liability insurance — auto, fire, theft, business interruption, and so on — as well as workers’ compensation insurance. federal taxes (income, social security, unemployment, and excise) come in a mind-boggling array, as do state and local taxes (income, real estate, sales, and assorted other special levies, depending on your industry).
business management overview 00:06
buying insurance 01:22
paying taxes 07:53
maintaining employee records 10:11
accounting management 18:25
controlling your expenses 38:03