The Real Costs of Starting a Business (And How to Stay Profitable)
Starting a business is exciting, but it’s not without its challenges—especially when it comes to finances. From opening a Chase business account to managing expenses, I’ve learned a lot about staying profitable.
Key Takeaways
Plan for Unexpected Costs: Budgeting is essential, but so is flexibility. Unexpected expenses will arise, so build a cushion.
Track Every Dollar: Using tools like QuickBooks has helped me keep track of income and expenses.
Focus on Profitability: Revenue is great, but profit is what keeps your business alive. Regularly review your financials to ensure you’re staying in the green.
Starting a business is an investment in yourself. With careful planning and financial discipline, you can turn your vision into a sustainable reality.
