What Should I Spend Money On?
Money shouldn’t rule your life, but as a small business owner you’re wise to acknowledge the power money holds over your company and your decisions. Money can:
- Dictate when you’re out. If you run out of cash, you are out of business.
- Negatively affect your work-life balance by controlling you.
- Positively affect your way of life if you become successful.
You’ll learn in this module that knowing how to manage your money is just as important as knowing how to make it.
Topic Objective: To understand where in your businesss you should be spending and where you should be budgeting.
Your Outcome: Saved money from reduced start-up expenditures and fewer (and lower) ongoing business expenses.