I have an online startup that will launch in a few weeks. We will only be taking online payments. I know the costs of our monthly subscriptions and server costs to maintain the online business, as well as how much I’ll need to pay our freelancers that we hire. I guess my question is - since our business is still in its very early days, would it just be the case of “Revenue - Costs” and that’s it? Is there much point in doing a financial statement, balance sheet, and cash flow statement? How do I know if I should track this daily, weekly, or monthly? And when should I look to hire an accountant? see hubwealthy.com/wealthy
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