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5 Financial Mistakes Entrepreneurs Make

and How to Avoid Them

9/14/20251 min leer

The 5 Mistakes Most Entrepreneurs Make

  1. Mixing Personal and Business Finances
    Without separate accounts, your bookkeeping becomes a nightmare—and tax season a bigger headache.

  2. Not Tracking Cash Flow
    Profits don’t pay the bills, cash does. Many businesses collapse simply because they run out of liquidity.

  3. DIY Bookkeeping Gone Wrong
    Quick fixes often lead to costly errors. Your time is valuable—don’t spend it untangling receipts.

  4. Ignoring Tax Planning
    Waiting until tax season is too late. Smart entrepreneurs plan ahead and save thousands.

  5. Not Seeking Expert Guidance
    The right advisor can help you grow strategically, avoid penalties, and protect your profits.

The Solution

At Clarita Ortega Tax & Accounting Solutions, I help entrepreneurs turn financial confusion into clarity. With services like bookkeeping, tax optimization, and business advisory, I partner with you so you can focus on what you do best—building your business.