accounting tips

3 common mistakes business owners make

3 common mistakes business owners make

I want to share 3 common mistakes entrepreneurs make. These mistakes can be avoided by simply consulting with a professional before you start your business. I’ve notice we feel like we can slack the first two years of our business. The down fall to that is, you create some bad habits that are hard to break. So here are so common mistakes I don’t want you to make. If you are doing these things in your business, don’t trip or panic. Just learn from your mistakes and do better.

How to work well with an Accountant

How to work well with an Accountant

I want to provide 5 easy ways to get along with your accountant. Rather you have one yet or not, this will still benefit you. A business owner and accountant are entering into a business partnership. This will be one of the most important business relationship you commit to. So it is very important that the relationship is set up successfully. So here are a few things you, the business owner can do to make sure this happens.

1.) Have a separate business account

Can your business produce financial statements?

Can your business produce financial statements?

If you are in business and you cannot produce at least a monthly financial statement for your business you are not managing your business properly. Now I know we all do the best we can do. I know some of us can only afford keeping track of your expenses and income via an excel sheet. This is OK when starting out or if you cannot afford on going bookkeeping payments.

However,

as your business grows,