When I worked for my first mega-corp after years of small business jobs, I was blown away by how …

As a small business owner, I spend a lot of my time doing things by the book. I get confused by other small business owners who complain about this because it’s all stuff you’d need to do anyway. I use a double entry accounting system in an ERP. This isn’t terribly complicated. I took courses on corporate accounting in college and I took the ERP training. Even if I didn’t have all of that, I’d still have to actually do the accounting in a double entry system because of the legal jurisdiction and corporate structure. I think that this is a byproduct of the economy being filled with small businesses owned by people who aren’t competent at operating their business as a business, which isn’t the same thing as being successful at making money.

>When I worked for my first mega-corp after years of small business jobs, I was blown away by how by-the-book it all was. Big organisations tend to accrete rules as they age until it's almost impossible to do anything apart from the core function.