Apply the 4 steps you learned in this course to your business. You're free to follow the steps in whatever order you wish, but please don't omit any of the steps, because no step is more or less important. They're all necessary to build a reliable and well-functioning acquisition system.

Here are the steps:

Step 1: Open a business bank account

Step 2: Create an account with a payment service provider

Step 3: Choose the right accounting type for your business

Step 4: Buy the right accounting software.

As you go through each step of the process of creating an accounting system for your business, you can write down your thoughts and findings in the attached pdf file. For example, you can describe all the sub-steps you took to complete each main step. Or you can write down the result at the end of each step and explain in a little more detail why the result is just that.

Once you complete all steps and fill out the pdf file you can convert the file into a png file using some free app (I personally use https://pdf2png.com/) and publish the image with us to get feedback.

P.S. The first template in the pdf file is a muster and shows you how you could fill out yours.

Have fun!

Gary Williams

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