Managing your money is key to running a healthy business. In this section, we’ll break financial management into three parts: first, how to keep track of your daily sales and expenses; second, how to create simple financial statements; and third, how to understand the economics and profit model of your business. The first two focus on financial accounting, while the third looks at cost accounting, or the bigger picture of how your business makes money. To guide you, we’ll share some sample tools and examples at the end of each part.