Anyone who has built a successful business knows that entrepreneurship involves more than just identifying a sellable product or hanging out a consulting shingle. It takes a business mind, long hours, lots of sweat equity—and a healthy dose of financial risk management.
My latest column for CW Bulletin is all about financial management 101. It features advice from Anita Campbell, CEO of Small Business Trends, and offers seven tips to get organized, be smart, and seize the right opportunities. It’s not sexy stuff, but it is designed to reiterate the importance of some things you’re hopefully doing already and maybe give you some new ways to think about managing your cash flow and taming your business expenses.
Read it here, and then come back and add in your best financial management tip.
Photo by Steve Snodgrass (Flickr).