7 BOOKKEEPING MISTAKES THAT REAL ESTATE BUSINESS OWNERS MAKE AND HOW TO AVOID THEM LEON MCKENZIE
7. Trying To Do It All
Nobody understands your real estate business better than you do. You have put blood, sweat, and tears into
running it and making it a success. For that reason, you are having a hard time ceding the control of your
business to someone else. So you try to do it all. And you are failing miserably.
“Pride comes before a fall.” How often have you heard that statement?
Is it more important for you to be in control or to be successful?
Well then, it is time for you to try to keep up with every aspect of your business. While it is wise for you to keep
up with your business finances, it does not hurt to hire a bookkeeper to help you out. Not everyone has a head
for numbers, and it is okay to hire
those that do.
And when you do hire a
bookkeeper to help you with your
business finances, supervise but
do not micromanage. Take the
time to discuss what you want
that professional to do, and then
provide him or her with the
chance to do the assigned job
properly.