The old saying of “rubbish in rubbish out” has never been more important than when it comes to business owners (who do not have a financial background,) taking on the role of bookkeeper/accountant in their own business.
While those in the startup phase often don’t have spare cash to outsource everything, there are ways to still get help in a more cost-effective way.
Often business owners are completely oblivious to any mistakes.
Here Stacey sheds some light on some of the biggest financial mistakes she has seen: