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Resources & Tools

4 Tips On How To Manage Small Business Finances

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Managing a small business can be daunting.

But these 4 tips can help keep your finances in order when you first start your business:

  • Establish expensesDetermine how much money you need for start-up costs, operating expenses, and other financial considerations.
  • Separate business and personal financesOpen a business account to avoid blurring the line between personal and business transactions.
  • Track income and expensesto avoid going over-budget and evaluate your budget every month.
  • Seek a mentor of financial coachDon’t be afraid to ask for the help you need to thrive!
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    Meet CreditU, the ultimate one-stop debt and financial management app! See your full financial overview, including debts, income, expenses, and savings.