💼 5 Biggest Bookkeeping Mistakes Business Coaches Make in Year 2

Year two often brings more clients, higher revenue, and new challenges — but poor financial habits from year one can still haunt you.

Here are the most common bookkeeping mistakes business coaches and service pros make in their second year:

1. No Clear Separation of Personal & Business Finances

Still using your personal account for business income and expenses?
✅ Open a dedicated business account to simplify tracking, taxes, and legitimize your business.

2. Inconsistent Invoicing for Retainers or Sessions

Missing invoices = missed income.
✅ Set up automated, recurring invoices in QuickBooks for retainers and packages.

3. No System for Categorizing Income by Client or Offer

You can't scale what you can't track.
✅ Use classes or tags in QuickBooks to see which services or clients are most profitable.

4. Neglecting Monthly Financial Reviews

Your P&L and balance sheet hold the keys to smarter decisions.
✅ Set a calendar reminder to review your reports every month — or hire a pro to help you interpret them.

5. Doing It All Yourself

You advise your clients to delegate. Are you doing the same?
✅ Partner with a QuickBooks ProAdvisor so you can focus on your zone of genius.

📞 Book a Free Call

Talk to Dr. Bryan Raya, QuickBooks ProAdvisor, for a personalized financial strategy:
👉 https://calendly.com/dbr_bookkeeping/book-a-free-call-with-dbr

Let’s start Doing Business Right.
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