pothole #1. combining personal and business finances

2012 Africa SMME Conference- QuickBooks accounting software.

“10 Common mistakes small business owners make when choosing an accounting package”. By Ruaan de Swardt

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #1. Combining Personal and Business Finances

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #2. Keeping up Accountability.

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #3. Lack of policies and procedures.

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #4. Ignorance of available programs and tools.

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #5. Not setting up back- up systems.

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #6. Inability to interpret or read reports.

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #7. Re- investing into electronics + hardware.

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #8. Keeping up Customer Relations.

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #9. Budgets

2012 Africa SMME Conference- QuickBooks accounting software.

Pothole #10. Integration with Social media

2012 Africa SMME Conference- QuickBooks accounting software.

In summary, I urge you to firstly evaluate what programs you’ve put in place for your company’s financials and secondly what procedures you’ve

put in place to reinforce it.

Can you afford not to?

Thank you