--- title: Shift4Shop eCommerce Blog | Uwe description: Uwe is the founder of online invoicing software InvoiceBerry. Small businesses and sole traders can create, send and manage their invoices, quotes and credit notes with the tool. In his free time Uwe travels the world and enjoys experiencing different cultures. --- [![eCommerce Blog](https://blog.shift4shop.com/hubfs/shift4shop/shift4-blog.jpg)](https://blog.shift4shop.com/) [![shift4shop logo](https://blog.shift4shop.com/hubfs/shift4shop/shift4shop-Black.png) |Blog](https://blog.3dcart.com/) [Sign Up](https://www.3dcart.com/freetrial.htm?utm_campaign=Blog&utm_source=blog&utm_medium=blog-cta&utm_content=free-trial-cta) [Subscribe](https://blog.shift4shop.com/author/uwe#subscribeBlock) # Uwe ![Uwe](https://blog.shift4shop.com/hubfs/uwe.jpeg) Uwe is the founder of online invoicing software InvoiceBerry. Small businesses and sole traders can create, send and manage their invoices, quotes and credit notes with the tool. In his free time Uwe travels the world and enjoys experiencing different cultures. Find me on: [https://www.invoiceberry.com/  ](https://www.invoiceberry.com/) ### Recent Posts [Starting a Business](https://blog.shift4shop.com/topic/starting-a-business) | 7 min read ## [5 Important Accounting Terms to Learn As a Small Business Owner](https://blog.shift4shop.com/5-important-accounting-terms-to-learn-as-a-small-business-owner) By [Uwe](https://blog.shift4shop.com/author/uwe) [February 15, 2019](https://blog.shift4shop.com/5-important-accounting-terms-to-learn-as-a-small-business-owner) [0 Comments](https://blog.shift4shop.com/5-important-accounting-terms-to-learn-as-a-small-business-owner#comments-listing) [![business stock image](https://blog.shift4shop.com/hs-fs/hubfs/business%20stock%20image.png?width=12&name=business%20stock%20image.png)](https://blog.shift4shop.com/5-important-accounting-terms-to-learn-as-a-small-business-owner) [**](https://blog.shift4shop.com/5-important-accounting-terms-to-learn-as-a-small-business-owner) When running a business, accounting is an essential area you need to manage if you want to make it far. Accounting and finances are often intimidating for new entrepreneurs. And poor mismanagement of them can seriously harm your business. This, combined with the fact that 90% of all startups [fail](https://www.forbes.com/sites/neilpatel/2015/01/16/90-of-startups-will-fail-heres-what-you-need-to-know-about-the-10/#8bc4b3d66792), often discourages new business owners from even starting in the first place.  But while it’s true that these areas can be hard to properly manage, this just goes to show how important they are. 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