Aaron Vick
Believe it or not, 90 percent of startups fail.
And to get in the 10 percent of successful business takes a lot of hard work. Knowing how to start a business takes experience and effort.
Some consider that the most important aspect to watch when starting a business is a budget. Because it’s how you survive each day, you need to be an expert on managing money.
Lucky for you, we’ve written this article to tell you everything you need to know about managing your startup budget. If you listen to our advice, you’ll be ready to take care of your new business.
Read on for five tips for budgeting your startup.
1. Estimate Your Income
The first step in figuring out your budget is knowing how much money you will make for the first month. Of course, this is difficult because you have no way of knowing how much
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