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The Most Common Bookkeeping Mistakes for Owner Operators

Biggest Bookkeeping Mistake I’ve spoken to many owner operators and quite frankly the biggest mistake I have seen is pretending bookkeeping doesn’t exist.  Better yet, “doing the books” once a year for taxes only! Next Most Common Bookkeeping Mistake Tied closely for second is keeping incomplete or outdated books, but at least you tried for …

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Are you protecting your most valuable asset?

What is your most valuable asset?  Great question, but the answer can go in many directions.  Do you think it is your physical assets or intangible assets?  What’s the one thing you can’t replace in your business?  That is your most important asset.  I think you would agree that human resources (you) are the business’ …

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STOP MIXING PERSONAL AND BUSINESS FINANCES

Many have written about co-mingling finances, however many business owners continue to do it.  Therefore, you get my version of the lecture.  Stop mixing your personal and business finances.  Some business structures REQUIRE you to keep business and personal separate, and while this may seem obvious, it is practiced less often than you’d expect.  Today, I want …

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