A small business can be incredibly rewarding, and many people choose to start their own company rather than pursue an office job that doesn’t align with their personal goals or lifestyle. However, running your own business also means taking on new risks and responsibilities that you may not have considered in the early stages of your startup. Avoiding financial mistakes in your small business will save you money down the road and prevent your company from going under before it even gets off the ground.
Here are six of the biggest financial mistakes that can destroy your small business before it even has a chance to succeed!
