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Sep 25, 2017 at 07:00 AM

Small Business Finances - 4 Fundamentals Of Good Financial Management For Startups

By Alexandra Trujillo
Small Business Finances - Resources Thinking Aloud 4 Fundamentals Of Good Financial Management For Startups

by David Tattersall

The road to success as a startup company can be a rocky and ultimately insurmountable one for any number of reasons but poor financial management is certainly a common cause of crisis among fledgling businesses everywhere in the world.

Here are some key areas of focus worth having in mind if you are running a startup company and aiming to strike the right balance between prudence and optimism when it comes to financial management and building sustainably for the future.

1 – Define your payment policies as early as possible.

There will inevitably be so much else to focus on if you are starting up a business besides the details of invoicing and chasing up payments. 

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Posted in Small Business Financing.







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