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In 2023, a survey looked at Nevada business owners and the biggest challenges they faced. Entrepreneurs listed problems like adapting to inflation, finding new customers and managing cash flow. The problems varied somewhat, but all of them centered around money difficulties.
The reality is that small businesses tend to face more financial challenges since they have fewer resources than larger companies. It’s easy to make mistakes, especially toward the end of the year when things are busy. Let’s look at six common end-of-year financial mistakes entrepreneurs make and how you can avoid these issues.
Related: 6 Financial Mistakes Small Businesses Make All
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