The Silent Drain: How Doing Your Own Books Can Hurt Your Business
The 11 PM Reality
It’s 11 PM. You’re sitting at your kitchen table, a cold cup of coffee at your side, surrounded by a mountain of receipts and a spreadsheet that looks more like a puzzle than a ledger. You know something isn’t adding up, but the numbers refuse to make sense. Sound familiar?
Many small business owners start out handling their own finances. It seems like the smart, cost-effective choice after all; every dollar counts. But here’s the truth: that “savings” often comes at a much higher cost than anyone realizes.
In my experience, the hidden toll of DIY bookkeeping isn’t just monetary, it’s emotional, strategic, and sometimes painfully obvious only when it’s too late. Let’s break down what you’re really paying for when you go it alone.