Given the demands on the time and financial resources of small business owners, often budgeting is an afterthought – if it’s done at all.
However, if you don’t budget or somehow monitor your business’s finances, you are putting your savings, hard work and sacrifices at risk. You are abdicating control and allowing fate to dictate outcomes like income, losses or even the continuation of your business. An apt analogy is driving in heavy traffic with your eyes closed and hoping against hope that you somehow avoid a collision. Read more
- Removing Barriers to Success