Yeukai Business Show

Episode #61: CPA Talks About Personal & Business Finance Skills Every Business Owner Needs to Have

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Sinopsis

CPA Talks About Personal & Business Finance Skills Every Business Owner Needs to Have Is it possible to start a business without a budget? In this episode of Enlightened Entrepreneur Podcast, Certified Public Accountant Ravi Ramanrain shares a few pointers on securing finance when starting up a business.   Key Questions Asked What are the important things to prepare before starting a business? What pointers can you give to those who are planning to start their business What pointers can you give to those who are planning to start their business What do they do if they don’t have a budget?   Highlights of Lessons Learned   Pre-start up - setting aside a year’s worth of take home pay is important. Having a savings cushion allows you to take the risk of doing business - Have adequate planning for financial perspective.   Pointers for Startups Have at least one year’s worth of your take home pay before starting business Establish your credibility > How? education matters, work experience, con