two, not classifying employees correctly. if you hire an pendant contractor, make sure you re aware of the tax implications. three, poor petty cash management. set up a system to see who s spending petty cash. four, not reconciling your bank accounts. check your account on a regular basis so you can spot any relg laters and number five, failure to track reimbursen t expenses. mang shoe you and your staff are tracking and filling expenses in a timely manner. still to come, where tees s the funding. we ll talk about how much you need and the size of your small business. and martha stewart look out. today s elevator pitcher is in the bed sheet business for the well rested dog in the house.