21
Jan
Bookkeeping can feel overwhelming at times, but it's essential for keeping a business healthy. Many small businesses make simple errors that can lead to bigger problems. Understanding these mistakes helps prevent them. With guidance from experts like a Carlyle, IL financial advisor, businesses can navigate bookkeeping more smoothly. Some common mistakes include mixing personal and business expenses, not keeping receipts, and neglecting regular updates. Each of these errors can confuse the line. For example, mixing expenses blurs financial clarity, leading to inaccurate reporting. Failing to keep receipts makes audits more challenging, while irregular updates can result in missed opportunities for growth.…