In earlier times, accounting was done manually. With the coming of computers and increased technological advancement, accounting is slowly transferring from manual to mechanical dependence. It saves a lot of time. Earlier, hours were spent on drawing the basic design of sheets and other financial instruments. But now, you have access to balance sheet templates, which have readymade categories and spaces for computing. Now, one just has to enter the amounts manually and all other things are done mechanically.
Business expenses come even before you earn your first dollar. This is the first business consideration you have to thoroughly think about before you begin promoting your business, the expenses necessary to operate your business.