Most entrepreneurs have no problem coming up with big ideas for how to start a new business. Despite this creative spirit, studies show that nearly 90 percent of all startups fail within the first five years. For many of these entrepreneurs, their problem is not their ideas or even the goods or services they offer. Instead, it all boils down to how they handle their finances. After all, without a stable financial footing, even the best businesses will soon find their demise. Here are the top five accounting mistakes entrepreneurs make when starting a business.
As an independent contractor, it's important to make sure your books are in order. One of the main reasons for this.
As a business owner or manager, you know how important understanding your numbers is. But if front-line employees.