Common mistakes business owners make around their finances
- Lack of Organization
- Getting behind on paperwork
- Math errors
- Hiring unqualified staff
- Unwillingness to delegate
- Mixing business and personal finances
- No receipts!
- Short term focus
- Lack of budget
- Lack of knowing one's income and expenses
Applied Financial Service Simple Solutions for Bookkeeping Issues:
- Weekly dedicated time
- Double check your calculations
- Keep receipts
- Budget
- Review reports
- Ask questions
- Being clear of actual income and expenses versus projections
- Keep separate record systems for business and personal
- Delegate
Would you like some assistance? This is what we specialize in. Please email us at info@appliedfinancialservices.com