Tuesday, September 27, 2011

Can Small Business and Finance Co-Exist

Small businesses usually resist everything they hear about the best practices and things they should do with the finaincial and accounting matters of their business. Why? Common excuses include:
'It takes too much time'
'It costs too much money'
'I'll just give all my receipts to my accountant at the end of the year'
'Only big companies can afford to accept credit cards from their customers'
'I'll just pay my taxes later, I'm sure the IRS will waive all the interest and fees'

In my recent article on @SmallBizLady's blog, 5 Finance Secrets to Make Your Business More Successful, I make an effort to explain why these excuses are not valid. They are myths, really, all of which will keep you from making