New business? Don't make these bookkeeping mistakes.

Starting a business is exciting, but the financial side can get messy if you're not careful. When you're focused on everything else, bookkeeping usually gets pushed to the bottom of the list. 

That's when problems start to show up. Some of the most common mistakes I see are

- mixing business and personal expenses 

- not tracking income consistently 

- forgetting about taxes until it's too late 

- waiting until the end of the year to look at the numbers 

The good news is, all of this can be fixed.  

Even if you're feeling behind or unsure, it's not too late to get things in order. A few small changes can make a big difference. Start by separating your business finances from your personal spending. Open a business bank account, and try to run all business income and expenses through that one place. 

Next, check in with your numbers monthly. You don’t need to be a spreadsheet expert. Just knowing what’s coming in, what’s going out, and what’s left over is a great place to start. 

And most importantly, don’t wait until tax season. When your books are updated regularly, you can make confident decisions all year. 

That said, the best way to get your books done is to have them done for you. I’d love to help when you’re ready.