Entrepreneur

How to Avoid 3 Common Budget Pitfalls

Income on the books but no cash in the bank? Here's how to avoid a cash crunch.

Let me guess: Your profit and loss (P/L) statement has been in the black for months, yet a quick look at your bank statement tells you that you've got only enough money in the bank to cover four--maybe six--weeks of operations. Don't fret, my friend. I see this narrative play out all the time, particularly among new entrepreneurs.

The root of

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