
5 Bookkeeping Mistakes That Cost Small Businesses Thousands
Bookkeeping may not be glamorous, but it’s the backbone of financial health. Avoiding common mistakes can protect your bottom line and free up time to focus on what really matters growth.
Key Points:
- Mixing personal and business finances
- Not reconciling monthly accounts
- Waiting too long to invoice
- Poor record-keeping for tax deductions
- Ignoring unpaid invoices and collections