You Don't Know What You Don't Know: How to Find Resources You Need
By Kathy Grosskurth, Bookkeeping Clean and Simple
I have spoken to quite a few people in the last couple of weeks because it’s the start of tax season (though I don’t do taxes myself, but that’s a topic for another day).
And inevitably this topic continues to bubble up over and over again in our conversations: "You don’t know what you don’t know." This statement is true of so many people starting their own businesses.
Many of us start businesses with a great idea or a true passion for what we’re doing: some of us possess special skills (tax, accounting, coaching) while others enjoy certain hobbies (baking, art, music), while others may want the flexibility of striking out on their own.
Regardless of the reason, millions of people start their business with high hopes, only to realize that they don’t know the first thing about running a business: the various legal requirements to set it up, recordkeeping requirements, payroll regulations, paying taxes. Well, you get the idea.
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