Steve Bernas

In the ever-evolving world of entrepreneurship, financial management remains one of the most critical pillars of success.

The Better Business Bureau has released a comprehensive guide designed to help business owners, especially those running small businesses, navigate the financial challenges that often hinder promising ventures.

Statistics from Entrepreneur.com show nearly 20% of businesses fail within their first year. More than 50% fail within five years, mainly due to cash flow issues, and these insights arrive as a timely lifeline.

The foundation of sound financial management begins with great record-keeping. Business owners are encouraged to adopt reliable accounting software to track everything from payroll and inventory to accounts payable and receivable. This not

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