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New business tools like online accounting software make it easy for business owners to focus on what really matters.

Red Hat founder and celebrated entrepreneur Bob Young revealed three very practical tips for business success in an online TV interview recently. Though high level, they successfully identify why investing in tools like online accounting software make great business sense. Young told viewers:

1. Every minute you spend doing something that isn’t about making your customer’s lives more successful is a wasted minute.

2. Get above the day-to-day and understand what you’re trying to do. (As they say, when you’re up to your waist in alligators it’s hard to remember the goal was to drain the swamp.)
3. You have to do the hard financial stuff. And you have to do it well.It doesn’t sound like rocket science, but actually achieving this is a huge challenge and one that most business owners struggle with every day.