Top 5 Accounting Pitfalls for Entrepreneurs

Derek Graves, Manager at Wolf & Company, and Calvin Wilder, Founder of SmartBooks, are two of the six experts who will be presenting at TCN’s new breakfast program, “Business Basics: How to Avoid Common Pitfalls” on March 8th.

Check out Derek and Calvin’s list of Top 5 Accounting Pitfalls for Entrepreneurs:

  1. Mixing business and personal expenses and accounts
  2. Not understanding sales tax obligations
  3. Using a cash-based accounting system
  4. Not maintaining internal controls when outsourcing the company’s bookkeeping
  5. Forgetting to reconcile your company’s balance sheet every month

Want to learn more? Join us on March 8th for this new TCN Breakfast. Learn more and register here.

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02 2011

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