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Small businesses don t need accounting

Myth about Accounting

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Small businesses don t need accounting

You would say that you don t need to budget, forecast financials, know about trends in your business, or know the latest, greatest tax advantages. I have clients that are as small as a one man service business making only about 20K a year.


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People who file electronically are more likely to be audited
Accountants are introverted or boring
I pay business expenses out of my own pocket It s really no big deal
internet has rendered accountants worthless
Business Doesn t Need an Accountant
Accountant equal Tax Preparer or IRS Agent
Accounting is so easy anybody should be able to do it
I really don t need accounting reports to know how my business is doing
Accounting is about math
It s expensive
Accounting software is simple
Owners don t need to spend time accounting
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