One of my many mistakes was outsourcing the books. Should really have made the effort to do it myself as not only would I have saved a fair amount (for me R600p/m for 6 years = R43200 let's not even talk about if I had invested the money) - I would probably also have done a better job (who cares more about the business?) and finally, and most importantly, have had a better grasp on the financial side - which I did let slide.
Maybe paying someone that knows to set up the books and paid hourly when needed would but the owner doing the bulk of the work would be good for many small business.
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