Congratulations on starting you own business!
Before I answer your question, just let me tell you where I am coming from: our business is just my husband and myself, no employees, and we have a studio in our home. Initially, we trained at clubs but stopped doing that about 10 years ago.
I first used Quickbooks because I thought that I needed to do ‘Accounting’. And while that is true, I found that this was more that I needed because it allows for many things that I had not use for. On the upside, it allows you to keep client’s contact information all in one place.
I now use Quicken Home & Business, and that works well for our situation. Since you can tag income and expenses as business, you can keep all your finance data in one place, and the reports are perfectly adequate for our tax purposes.
Quicken is also quite a bit cheaper than Quickbooks. Ultimately, you need to know what income and expenses you need to track, and that will determine how you will proceed.
Hope this helps,
ASF International is a online billing tool I’ve used in the past that worked fairly well. From what I remember they do not charge a monthly fee but take a small % of whatever transactions are processed on a monthly basis. ASF is easy to use an allows for a few reoccuring payment options.
Hope this helps!