TippedEmployeesIgnoringa holisticapproachMissingDeadlinesPL / BSunderstand-ingImproperRecordKeepingNoBack-upsReimburs-ableexpensesPoorCommunica-tionNotTrackingMileage /home officeImproperCategoriz-ingexpensesDraw,Wage,Guaranteedpayments?Poor CashMangementMathMistakesNeglectingSales TaxUnappliedCreditsHiring thewrongperson /firmYearEndplanningNotPayingEstimatesCo-minglingassetsSeparationof dutiesShortSightedsolutionsSEP, IRA,HealthInsurance?Assuminga CPA willbreak thebankNotReconcilingaccountsTippedEmployeesIgnoringa holisticapproachMissingDeadlinesPL / BSunderstand-ingImproperRecordKeepingNoBack-upsReimburs-ableexpensesPoorCommunica-tionNotTrackingMileage /home officeImproperCategoriz-ingexpensesDraw,Wage,Guaranteedpayments?Poor CashMangementMathMistakesNeglectingSales TaxUnappliedCreditsHiring thewrongperson /firmYearEndplanningNotPayingEstimatesCo-minglingassetsSeparationof dutiesShortSightedsolutionsSEP, IRA,HealthInsurance?Assuminga CPA willbreak thebankNotReconcilingaccounts

Common sole-proprieter / small business pitfalls - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. Tipped Employees
  2. Ignoring a holistic approach
  3. Missing Deadlines
  4. PL / BS understand-ing
  5. Improper Record Keeping
  6. No Back-ups
  7. Reimburs-able expenses
  8. Poor Communica-tion
  9. Not Tracking Mileage / home office
  10. Improper Categoriz-ing expenses
  11. Draw, Wage, Guaranteed payments?
  12. Poor Cash Mangement
  13. Math Mistakes
  14. Neglecting Sales Tax
  15. Unapplied Credits
  16. Hiring the wrong person / firm
  17. Year End planning
  18. Not Paying Estimates
  19. Co-mingling assets
  20. Separation of duties
  21. Short Sighted solutions
  22. SEP, IRA, Health Insurance?
  23. Assuming a CPA will break the bank
  24. Not Reconciling accounts