Mistakes Most Small Business Owners Make and How to Fix Them

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18 reviews on

Pause Global

November 24, 2021.

More than an accountant, Annette provides an invaluable FD role to entrepreneurs and small business owners.

Line Hilton

November 23, 2021.

Not your average accountant! Annette Ferguson provides more than accounting services, she also provides support and advice. Annette has helped me navigate and understand the complexities of my growing businesses. In addition Annette is highly professional, approachable and compassionate. Not my usual experience of accountants. I can highly recommend Annette & Co to any other small business owners/ entrepreneurs.

Jane Goble

November 23, 2021.

We have been working with Annette & Co for over a year and they provide an exceptional accountancy and bookkeeping service. Alongside the day to day accounting tasks, Annette is working with us on our financial growth strategy and providing expert advice. We can highly recommend Annette and her team.

Melissa King

November 23, 2021.

I have had a few accountants, but none have been as good as Annette and Co. They have taken out all the worry and work that comes with accounting. Laura is the best, I am constantly changing my mind about goals and she adapts my planning. Highly recommend

Bob Gentle

November 23, 2021.

I've been through a lot of accountants and the best I can say about them is that they kept me out of jail. Annette & Co are a completely different kind of firm. They help me plan ahead - no really! I've gone from anxiety about tax and setting targets to confidence and clarity. I actually have money. They deliver on the profit first promise. If you are planning a move to a new accountant then this is a move your future self will say 'well done' to.

simon keenlyside

September 26, 2021.

absolute legend!! Annette has changed the way i look at my accounts by helping me understand the basics and has the patients to explain things to me in layman's terms until i understand it properly. I now have a much better grasp of the numbers in my business and have implemented profit first so i know exactly where all the money in the business belongs. this is exactly what i have been looking for from my account 10/10

Liz Faulkner

September 24, 2021.

Fantastic accountants, super communicative, on top of everything, friendly, and have totally transformed the way I feel about financial planning/cash flow management. Would not hesitate to recommend…and frequently do!

Annette Ferguson Podcast Banner - UWR 093

April 23, 2020 in Podcast

Welcome to Uncover Wealth Radio – In this episode, we will be talking about 5 Mistakes Most Small Business Owners Make and How to Fix Them – Run a Successful Business

Today, Annette Ferguson, who is the host of Uncover Wealth Radio and a pro in helping entrepreneurs take home more money from their business for them and their family to enjoy, is here to tell you all about money, business wealth and creating financial freedom

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It takes guts to start a small business. Not everyone is cut out to be an entrepreneur. Even those with entrepreneurial drive hesitate to launch a business, and for good reason. Statistics show that 7 out of 10 businesses fail within five years, with two of them failing within their first year, and 5 within three years.

Those who still choose the high road to small business success are well aware of this statistic, and their strong belief in their product or service encourages them to tread on. However, a great product or service is not a guarantee of success. It’s not enough that you have the best idea, the next best thing. A lot of entrepreneurs see their grand idea fail to take off because of mistakes that could have been avoided.

The key to success is being quick to identify cracks and loopholes, and taking steps to ensure that the same mistakes won’t happen again. These missteps can be the things that will make or break your small business. Read through to make sure you don’t make the same mistakes.

Failing to Plan

Failing to Research

Failing to Delegate

Failing to Spend Money Wisely

Failing to Commit

I will go through each of these in this episode.

I'm Annette Ferguson

Owner of Annette & Co. - Chartered Accountants & Certified Profit First Professionals. Helping online service-based entrepreneurs find clarity in their numbers, increase wealth and have more money in their pockets.

UWR 093 – 5 Mistakes Most Small Business Owners Make and How to Fix Them – Run a Successful Business

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