TSBOM Article Podcast: Accounting for Anxiety
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Wednesday, August 22, 2007 |
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Podcast Episode Summary
Small businesses owners are proactive, energetic and possess impress skill sets needed to make the business happen. But accounting is often put off for another day. Books fall behind and entrepreneurs have no idea if they are in a profit or loss situation, or even how much money they have in the bank. Why is this? Psychologists tell us that it is a common disorder called anxiety syndrome. In good times there is always something more important and exciting to do than balance the checkbook, and in difficult times business owners just don't want to work hard at calculating numbers that are discouraging. So what is anxiety syndrome and how should business owners make sure they have accurate and timely numbers in good times and bad?
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