The Top 10 Foolish Things New Business Owners Say

Our mission here at TheOfficeSquad is to help small business owners and entrepreneurs with their back office tasks, so they have time to go out and grow their business. We meet and work with wonderful people. Wonderful, strong, intelligent people, that just need a little support. I thought it might be fun to share the top 10 things that we’ve heard from our favorite entrepreneurs throughout the years. If any of these sound familiar to you, please give us a call. We can help you with that.

  1. I’ll get those taxes caught up next quarter.
  2. I’m just going to use my cell phone for my business phone.
  3. My wife/husband/daughter/great aunt/sister/brother is going to do that for me. They are taking a class.
  4. What is an EIN?
  5. There are two tax ID numbers?!
  6. I’m just going to get investors.
  7. I don’t need to reconcile. I already sync with the bank.
  8. I have an app for that.
  9. Hello, I don’t have any current bookkeeping and need your help. I’m trying to get a loan, and the bank wants to see financials. Can you do that by tomorrow?

And number 10……. It’s all in Excel. Just saying.