Accounting is a critical element for launching a successful business. Unfortunately, it’s also an area where startups tend to make mistakes. Six common (but avoidable) errors are: 1) failing to track expenses, 2) forgetting to reconcile accounts with account statements, 3) commingling personal and business expenses, 4) misclassifying workers, 5) not budgeting for taxes, and 6) failing to set up a formal accounting system. Contact us for help getting your accounting department up and running. In addition to setting up systems and procedures, we can provide interim CFO and bookkeeping services while you find qualified candidates to fill these positions.
