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The Accounting Toolbox Blog

20 Common Mistakes Small Business Owners Make

6/16/2021

 
Are you making these Common Small Business Mistakes?​
​Growing and learning has always been a part of my business DNA.   I love to learn new things and put them into action but the process of growing isn’t always fun.   It can be hard and take a lot of tenacity to hang in there when things aren’t progressing the way we hoped or at the speed we expected.   We like the results of growing, but not really the process.    
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My college education was very informative, but much of my education happened just inside the doors of the school of hard knocks.  Can you relate?
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Maybe stepping out of your comfort zone into something unknown?   Or you launched a new business and it failed?   Or you made a mistake and it costs you lots of time and money to fix it?  We’ve all been there but these lessons were the ones that stuck with us the longest.   We won’t make those same mistakes again, right?!?!    Lesson learned!
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As I coach business owners, I glean from my 30+ years of experience (good, bad, and ugly) to help guide them around the pitfalls and landmines I’ve encountered.   So, in the spirit of not learning everything the hard way, I wanted to share with you this article 20 Common Small Business Mistakes and What NOT to Do as a Small Business Owner by Gene Marks with The Hartford.    There is so much good advice in here I had to share.   Great job, Gene!

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About the Author

Sherry’s 30 + years Accounting / Controller / CFO experience and background in construction accounting affords her a unique perspective to the needs of contractors – she understands the intricacies of complex construction accounting and applies this knowledge to companies of all sizes and across all industries.  She takes pride in providing reliable financial data that helps companies with business management, strategic planning, and maintaining positive banking and bonding relationships. 

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