Tax Advisory

What is the most common financial mistake startups make in Turkey?

Mixing personal and company finances is the most frequent mistake: founders pay personal expenses from the company account, which corrupts accounting records and raises red flags during investor due diligence. The second most common is over-engineering the legal structure too early — setting up a holding company before there is any product or revenue.

Read the full article: 7 Financial Mistakes to Avoid When Starting a Startup →