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Top Accounting Mistakes Southwest Florida Startups Make

  • Writer: Aashir Abbas
    Aashir Abbas
  • Sep 15
  • 1 min read
Top Accounting Mistakes Southwest Florida Startups Make

Launching a business in Fort Myers or Naples is exciting, but many startups stumble when it comes to accounting. Mistakes in the first year can create long-term financial problems. At MarkhamNorton, we help startups establish strong foundations.


Common Startup Accounting Mistakes

  1. Mixing Personal and Business FinancesAlways use separate accounts to avoid IRS scrutiny.

  2. Not Tracking Cash FlowNew businesses often overspend without monitoring inflows and outflows.

  3. Ignoring Tax DeadlinesLate filings lead to penalties and interest charges.

  4. DIY Bookkeeping Without OversightSpreadsheets don’t replace professional accounting software and CPA review.

  5. No Long-Term Financial PlanStartups need budgets, forecasts, and tax strategies from day one.


How CPAs Help Startups

  • Create bookkeeping systems.

  • Ensure compliance with Florida and federal tax rules.

  • Provide advisory services to support growth.


FAQ

Q: When should a startup hire a CPA?A: As early as possible — ideally before launch — to avoid mistakes.

Q: Can a CPA help secure funding?A: Yes, CPAs prepare financial reports and projections that lenders and investors require.


Set your startup up for success with accounting services from MarkhamNorton in Fort Myers.



 
 
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