All because they did bank balance accounting. And you probably do, too.

Bank balance accounting means you make decisions by just checking the amount in your bank. You don’t have a financial plan that shows you the money going in on your business for the next 13 weeks.

When I see companies using the bank balance money, they usually have a bookkeeper who's part-time and doing other things and the business.

Bank balance accounting keeps you up at night and hurts your business.

Instead, get a professional accountant to do bookkeeping, give you monthly financial statements, and show you changes in the company's finances so you can track how much you have to cover bills, know when you have money to buy additional assets, and can fall asleep knowing you can pay your staff.