How to keep your business on a sustainable financial path

As an entrepreneur, I know how difficult it can be to manage your finances effectively. Often the lines between personal and business funds are blurred, particularly in the beginning when you’re trying to establish your business as an independent and self-sustaining entity.

The Seed Academy, an entrepreneur support programme, found in its latest “State of Entrepreneurship” survey that 60% of the surveyed entrepreneurs were full-time entrepreneurs and that the majority (88%) were self-funded.

Self-funded entrepreneurs, who have no other income source, can be under an incredible amount of pressure. The reality with starting a business is that it can take longer than anticipated to be profitable.

This article is published on Business Live website. If you’d like to read the rest, please follow the link below –

Scroll to top