5 Money Habits to Build Before Your Business Takes Off
Growth magnifies whatever habits you already have. Start these while the numbers are small.
The habits that feel fussy at small numbers are the ones that save you when the numbers grow.
Pay yourself on a schedule
Even a small, regular amount separates your wages from the business's money.
Set tax aside on every sale
Move a fixed percentage to a separate account the day money arrives.
Check your numbers weekly
Fifteen minutes a week beats a panicked afternoon every quarter.
Keep a buffer
Aim for three months of business costs before you take on new expenses.
Write down why you spend
A one-line note for each expense makes the next budget easier to cut.
Start with tax. It's the habit that causes the most stress when it's missing.
