5 Biggest Money Mistakes of Rookie Entrepreneurs

business-mistakes

Money changes everything, doesn’t it? Keep the cash flowing by avoiding the biggest financial mistakes you could make in your company’s early years.

Cashflow is the lifeblood of small business. If you run out of cash before you can create a following and steady income, it’s game over. Too many promising businesses end up forgotten on the sidelines, with its founder financially and emotionally devastated.

Could the statistics change? Could more new entrepreneurs grow into seasoned, successful business owners? According to debt solutions attorney, Emily Chase Smith, there is hope.

“I see the fall-out of failed businesses too often,” says Smith. “I want to shout from the rooftops, ‘It didn’t have to happen this way!’” Smith knows that with a few different financial moves, the outcome for these failed businesses would have been different had the founders done more financial preparation prior to launch.

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