Quicken vs QuickBooks: Which is Best for Business?
Quicken and QuickBooks – the names sound so similar, don't they? Both are products from Intuit, and both are designed to help you manage your money. This often leads to a common question for entrepreneurs: Which one is best for my business? While they share a family tree, Quicken and QuickBooks are built for fundamentally different purposes. Understanding these distinctions is crucial for choosing the right financial tool for your growing venture. Let's break down Quicken vs. QuickBooks for business. Quicken: The Personal Finance Powerhouse Think of Quicken as your personal financial command center. It's designed to help individuals manage their household budgets, track investments, monitor debt, and plan for retirement. It's fantastic for getting a holistic view of your personal wealth. Where Quicken might fit for business: • Sole Proprietors & Freelancers: If your "business" is truly a side hustle, a very simple sole proprietorship, or a freelance g...