Member-only story
Mistakes, They’ve Had a Few
Financial miscues add up quickly when business owners get lax
Businesses rely on managing finances effectively for success and longevity. Missteps in money matters can bring long-term professional and personal harm.
Yet, even the most seasoned entrepreneurs can fall into common financial pitfalls that jeopardize growth and stability. From overlooking cash flow to underestimating the importance of budgeting, these mistakes can lead to unnecessary stress and missed opportunities.
Mark Carruthers, a small-business, entrepreneurship, technology and social media specialist, has an affinity for business finances, something he was involved with for his entire career.
Likewise, Ivana Taylor and Iva Ignjatovic are familiar with financial red flags such as resisting temptation to dip into business funds for personal use.
Tracking Trends Keeps Savvy Business Owners in Shape
Taylor owns DIYMarketers, “committed to helping small business owners get out of overwhelm.” Ignjatovic is a marketing, strategy and business consultant.
Together, Carruthers, Taylor and Ignjatovic drew from their own adventures to cite business financial mistakes to avoid.
