Hi everyone! I’ve just filed my first LLC & am planning to open a vintage boutique in my city- I’m completely new to owning a legitimate business of my own. I thought this would be a great question to ask as I know I’ll be making many mistakes in my first year of business.
Please feel free to comment your favorite mistake!
Do not get behind on payroll taxes, even though it is seemingly a small penalty.
Back of house bookkeeping is more important than the romance of the product.
Consistency is underrated.