Why I Use YNAB Instead of Quickbooks to Run My Business
Written by Erin Gobler |
Stop letting big expenses surprise you and start making real financial progress for your small business with the power of a zero-based budget.
Do you redesign the website or save the money for the dry season? Do you bulk up your marketing budget or hire an extra hand? Whether you’re making $5,000 or $5 million a year, there is a question that haunts every small business owner: can I afford this?
Learn a unique and powerful method to keep more of your money, eliminate the cash flow roller coaster, and get a good night’s sleep (finally!). See your runway clearly and plan your growth with You Need a Budget—a budgeting tool for your small business.
You’ll watch your checking account balance swell, make that new hire with all the confidence in the world, and give yourself a steadily growing paycheck.Start Your Free Trial
If you run a small business on a cash basis or don’t have to deal with physical inventory, or provide a service, YNAB could simplify your cash flow and help you make the most of every dollar that flows through your business.
Your YNAB budget will show you all of your upcoming bills and non-monthly expenses in one master view.
Have a cash flow statement and see spending trends over time.
Plan out your future investments and start putting money behind them without sacrificing your current expenses.
Those hefty investments that feel too big to pull off? Save for them in smaller chunks and make them happen.
A zero-based budget creates a series of tradeoffs so you know when to save and when to grow. You’ll be able to make financial decisions in seconds.
Working with an accountant or tax preparer? You can export your budget data to pass off.
YNAB helped me empower my cash flow. I know what I need expense-wise on a monthly, quarterly, and annual basis.Read More
Written by Erin Gobler |
YNAB will serve your small business well. It has mine. It gave me what I call, “pile-of-money clarity.” I suddenly had clarity surrounding the business checking account balance. I no longer had to wonder if we could hire, because I could see that our category for payroll was doing just fine.Read More
Written by Jesse Mecham |
If I had to come up with one word for why you should have a small business budget, it would be clarity. If that’s what you’re craving, I’ll walk you through how to set up your budget in YNAB to give you exactly that.Read More
Written by Erin Lowell |
Want an example? See how this small business owner sets up her budget for maximum profit and stress-free taxes.
Watch this class recorded by one of our YNAB teachers on creating a small business budget that works for you.
Jesse Mecham and Mark Butler teach you how to manage your business cash flow, hone your business model, and not freak out about money.
This guide has nothing to do with accounting and everything to do with getting ahead with your small business. Ready to change your mindset around money for good?
$11.99/month or $84/year. You can try it before you buy it! Just sign up for a free 34-day trial and we won’t even ask you to enter your credit card.
YNAB is a fantastic budgeting tool but it doesn’t do everything (and if we can interject here, we might argue an end-all-be-all software package can, many times, be harder to use than approaching your software needs a la carte). Here’s a list of things YNAB doesn’t do for your small business:
It will add value to your business by giving you the insights you need to clarify your priorities, cut wasteful spending, boost spending where profitable, and maybe even show you that you can take a steady salary. It will give you peace of mind, as it relates to your business’ cash flow. As far as I know, I think some of the other software packages are still working on that last one.
Nope! Simply create another budget within your account and master both your personal AND your small business finances (and also, go you! A budgeter AND an entrepreneur? What can’t you do?!)