Every dollar counts for small business owners, but some decisions lead to negative ROIs.
Stephanie Heredia, CEO, and accountant highlight the top six money regrets new entrepreneurs face.
Choosing the wrong accounting or payroll software can cause tricky transitions.
Understanding the difference between salary and distribution affects tax deductions.
Knowing your own business before hiring saves money on employee training.
Hiring too many full-time employees based on seasonal revenue can be costly.
Being cheap with employee compensation risks losing valuable team members.
Expert advice emphasizes proper financial planning and software research.
Avoid regrettable money moves by prioritizing communication with experts.
Smart financial decisions set the foundation for a successful small business.