A business that haemorrhages cash is a consequence of poor accounting practices.
Many small businesses handle accounting and bookkeeping themselves to save on overhead costs.
Here’s why this may not be the best way to go…
- Thread -
"The measure of wealth is freedom.
The measure of health is lightness.
The measure of intellect is judgment.
The measure of wisdom is silence.
The measure of love is peace."
@naval
"If you want to make the maximum amount of money possible, if you want to get rich over your life in a deterministically predictable way, stay on the bleeding edge of trends and study technology, design, and art—become really good at something."
@naval
"Your goal in life is to find out the people who need you the most, to find out the business that needs you the most, to find the project and the art that needs you the most. There is something out there just for you."
@naval