--- title: Accounting Mistakes that Cost Small Businesses Significant Growth description: Although intended for small business owners, this article discusses accounting mistakes that can hinder growth in your business no matter the size. 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[Hospitality, Restaurants, and Retail](https://scottandco.com/industries/retail) - [Manufacturing and Distribution](https://scottandco.com/industries/manufacturing) - [Medical](https://scottandco.com/industries/medical) - [Nonprofit](https://scottandco.com/industries/non-profit) - [Professional and Business Services](https://scottandco.com/industries/professional-services) - [Real Estate](https://scottandco.com/industries/real-estate) - [Insights](https://scottandco.com/blog) - [Careers](https://scottandco.com/careers) # Accounting Mistakes that Cost Small Businesses Significant Growth [Admin](https://scottandco.com/blog/author/admin) Feb 5, 2020, 12:00:00 AM [Blog](https://scottandco.com/blog/tag/blog) ![Accounting Mistakes that Cost Small Businesses Significant Growth](https://scottandco.com/hubfs/Imported_Blog_Media/AdobeStock_62872357_resized-1.jpg) Although intended for small business owners, this article discusses accounting mistakes that can hinder growth in your business no matter the size. First and foremost, failing to hire the right CPA can immediately put a cap on the amount your business can grow. Additionally, topics such as mixing personal and business finances and ineffective billing management can also lead to slowed and even no growth inside of your company. 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