8 Money Mistakes Business Owners Make

8 Money Mistakes Business Owners Make

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The world of business has a lot of uncertainties. There are times you’ll be on top and others when you’ll be struggling to stay afloat. One thing’s for sure everyone makes mistakes but those who succeed are those who learn from them. So, below are a couple mistakes most business owners consistently make. Enjoy!

Timestamp
00:00 Intro
00:21 Not separating business account from personal accounts
01:56 Making big business purchases immediately
02:51 Making large personal purchases
03:43 Incurring credit card debt hoping to get revenue in the future
05:11 Not saving for emergencies
06:43 Neglecting to plan for upcoming tax obligations
07:49 Not setting a clear budget for your business
08:50 Refusing to invest in professional services

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References: https://bit.ly/2X79UHT

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