3 Money Management Basics For Small Businesses | Money Management Hacks

In this video, I will be sharing the top 3 money management basics for small businesses. What you need to know and how to go about using them effectively.

Every small business runs into the same challenges with money management, would you agree that money management is really more of a methodology? or to put it more simply - it is an approach to how you control the money within your company.

However, no matter which money management approach you use there are always going to be the top 3 money management basics that EVERY small business MUST focus on.

Are you ready to dive deeper into the 3 top money management basics for small businesses? Let’s do it!

Money Management Hacks:
00:00 - 00:21 Intro
00:22 - 02:12 How to manage cash flow as a small business owner
02:13 - 04:13 Start up costs
04:14 - 05:06 How to calculate start up costs to manage your money as a small business owner
05:07 -07:07 Break-even point
07:08 - 07:37 The core of understanding money management basics for a small business

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DISCLAIMER: This video is not financial advice; it is strictly intended for education and entertainment purposes only. You can assume that I will receive compensation for anything I recommend either as an affiliate or from my own products. Any income, earnings statements or shared results are estimates of potential income only. There is no guarantee that you'll receive the same results or any results at all for that matter. Your results will depend entirely on your work ethic, experience, and commitment. As always there is a risk with any business. I am not a financial advisor and nothing in this video should be considered legal advice. You should do your own due diligence and research. Anything said in this video is strictly my own opinion, personal experience, or research.

#money #moneymanagement #smallbusiness