Oftentimes, business owners tell us they resort to doing the books themselves, then look at the books at 11 o’clock at night when their eyes are already swimming, and just push off getting around to cleaning their books.
This causes some problems. Without clean books, you won’t know how much money your business actually has, leading to poor decisions about your business. This also can lead to mistakes on your taxes, they could get in trouble with the government and have to pay extra money. If you don’t have good records, it can be hard to get money from banks or investors. Finally, bad bookkeeping can make business owners feel really stressed out and worried, and it can make it hard for them to work with other people.
