đ If your small business budget is just âwhateverâs left after bills,â youâre doing it wrong. Hereâs how to actually take control of your money.
đ Why Most Small Businesses Fail (Hint: Itâs Not Sales)
80% of small businesses fail within the first five yearsâand most of them had plenty of customers. The real killer? Bad financial management.
â No budget, just vibes.
â Running every expense through the personal account.
â No plan for taxes, scaling, or slow months.
Sound familiar? Donât worryâthereâs a fix.
đ 4 Steps to Stop Playing Financial Roulette
đ Step 1: Pay Yourself First
No, your business account isnât your personal piggy bank. Give yourself a real salaryâeven if itâs small at first.
đ° Step 2: Separate Business & Personal Accounts
One account for your business, one for you. Mixing them? Thatâs tax fraud waiting to happen.
đ Step 3: Actually Track Your Cash Flow
How much is coming in? Whereâs it going? If you canât answer that without checking your bank app, you need a system.
đ Step 4: Stop Buying Random Business Tools
Do you really need that $200-a-month software? If itâs not making you money, itâs costing you money.
đ Final Thoughts: Be the CEO, Not Just the Worker
Running a business means thinking like a business ownerânot just an employee. Get smart with your finances, and your business will grow.
Need a real financial game plan? Letâs chat.
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đ© Whatâs the dumbest business expense youâve ever made? Drop it in the comments!