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In case your spouse uses your business cards and buys other products, too, you may not be able to write the product off. If you’re the only proprietor of your business on paper, don’t allow anyone else make executive monetary decisions for the company.
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This gaping hole can be a problem whenever you balance your bank account. Petty expenditures are often looked upon by company owners as such – petty, so that they tend to neglect to record these types of expenses forgetting that they can stack up and become huge.
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