Starting a small business is a dream for many people. Unfortunately, half of the people’s business shuts in between due to lack of finance preparation or there can be multiple other reasons. Have you heard this famous proverb? “The Art Is Not In Making Money, But In Keeping It.” Financial Preparation We know how to start a business, but managing finances can be a key challenge. Talk to a tax expert: It’s imp ortant to work with an Accountant before starting a business- to understand ramifications of all transactions. A good CPA can make life so much easier by handling taxes, payroll, tax filing and other financial Figure out funding for the business: Funding for the business is the biggest decision aspiring business owners need to make. If you have savings and you don’t require funding/loan from a third person then you are better off using your own investment. But if taking a loan is the only option you have, then make sure you can repay i...