Running a business isn’t easy. Messing up is. 🙈 Learn the most common mistakes these 3 accounting professionals have seen clients make with their small business accounting (so you don’t make them too).

If you’ve made one or more of these mistakes, you’re not alone. In the video, our experts share tips on how to avoid these pitfalls and take steps to put your business on the right financial footing. They provide actionable advice you can apply to your bookkeeping today.

🧐 Who are these experts, you ask? Learn more about the amazing accounting professionals who contributed to this video:

Nayo Carter-Gray, EA, MBA - https://1ststepaccounting.com/ (@1stStepAccounting)
Chris Hervochon, CPA, CVA -   / chrishervochon  
Melanie Schroeder, CPA, CGA, RPC – https://www.outoftheboxcpa.com/

Prefer to read 📖 about this instead? Go to the article: https://www.freshbooks.com/blog/5-acc....

⏱Timestamps:
0:00 Introduction
0:15 #1: No Proper Accounting System in Place
1:26 #2: Following Tax Advice from Social Media
2:13 #3: Mixing Business and Personal Finances
4:06 #4: Not Understanding Business Taxes
4:47 #5: Not Keeping Proper Documentation
5:43 #6: Not Saving for Taxes

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