Profit Plus

007 - Common Accounting Mistakes and How to Avoid Them


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What You’ll Hear:

In this episode of the Profit Plus Podcast, host Kesha Hill discusses common accounting mistakes business owners often make and provides strategies to avoid them. Learn how to implement effective financial management practices to keep your business running smoothly and compliant with regulations.


Chapters:

00:00 Introduction

01:45 Inadequate Record Keeping Mistakes
04:22 Misclassifying Expenses
06:00 Misdeductions Issues
08:03 Neglecting Reconciliations
11:03 Failing to Plan for Taxes
12:41 Ignoring Cashflow Management
15:44 Overlooking Your Financial Analysis
17:47 Conclusion


Thanks for listening.  If you liked this episode, take a screenshot of you listening, post it and tag me on Instagram @tailored_bizsolutions


For more information about working with Kesha Hill and her team at Tailored Buziness Solutions, please see the resources below:


🔗 Book A Call:  https://calendly.com/hello-ug5e/discovery-call

🔗 Grab your freebie:  8 Biggest Financial Mistakes

🔗 Grab your business plan:  Business Plan

🔗 Grab your bookkeeping tracker:  Bookkeeping Tracker

🔗 Grab your Quickbooks cheat sheet:  Quickbooks Cheat Sheet

🔗 Visit our website:  tailoredbizllc.com

🔗 Connect on LinkedIn:  https://www.linkedin.com/in/kesha-hill-7321052b4/

🔗 Connect on Instagram:  https://www.instagram.com/tailored_bizsolutions/


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Profit PlusBy Kesha Hill