Eight Steps to Managing Your Business' Money

It takes more than a great idea and hard work to make your startup succeed. It can be easy to get so wrapped up in the actual work that you forget about managing your business’ money. This can lead to big – sometimes catastrophic – problems for your company.

Startup Nation has conveniently listed at eight, easy ways to manage your business’s money. Here is the abbreviated list:

1. Forecast Your Future – Cash In, Cash Out
2. Rationalize Your Revenue: Know Your Cost of Sales
3. Cut Your Expenses
4. Track Your Money Efficiently
5. Give Credit to Your Credit
6. Find Your Funding, But Be Ready
7. Choose Your Bank Wisely
8. Tame Your Taxes