Expensive Business Mistakes to Avoid
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Why Small Businesses Fail
70% fail due to not recognizing what they don't do well and not seeking help from those who do
Bookkeeping
When you don't have a formalized bookkeeping system, you are bound to miss expenses and potential income.
Accounting Systems
Find and use an accounting system from the very beginning of starting your business
Insurance
Nobody wants to pay for insurance or wants insurance until you need it.
Classifying Workers
Misclassifying workers is one of the most common mistakes, whether it be unintentional or intentional that business owners make, and it cam be very costly one.
Business Formation
Once you know you are going to start a business, even a side hustle, formalize your entity