Tag - Financial Management

African Young People: 7 Financial Habits of Successful Small Business Owners

1. Regularly review finances -- 69 percent of small business owners do this. weekly and monthly financial reviews are an exercise in understanding the frequency and scale of your business operations and the extent to which your business may be growing or at risk due to clients who pay late. 2. Maintain a budget -- 47 percent of small business owners do this. A budget is simply an expectation for business results. At the beginner level, make a budget on the first [...]