The #1 Mistake Small Business Owners Make With Bookkeeping (and How to Avoid it)

Most small business owners make this one common bookkeeping mistake—and it could be costing them big. Here’s how to avoid it and stay on track.

8/15/20251 min read

a woman sitting at a desk with a laptop and a phone
a woman sitting at a desk with a laptop and a phone

You know what most small business owners think their biggest bookkeeping problem is?
❌ Not enough time.
❌ Complicated software.
❌ “I’m just not a numbers person.”

But in reality, the #1 mistake is waiting until tax time to deal with it.

By then, you’re stressed, hunting for receipts, and trying to remember what that $84.32 expense from February even was. (Lunch? Supplies? An accidental Etsy binge?)

Bookkeeping is like brushing your teeth—skip it too long, and you’ll have a much bigger problem to deal with later.

Here’s how to avoid it:
✔ Spend 15 minutes a week reviewing your transactions.
✔ Keep personal and business expenses separate.
✔ Use a simple system (and actually stick to it).

Do this, and tax season becomes just another Tuesday.
Your future self will thank you.

What's your biggest bookkeeping headache right now?