Training Doyens

Small Businesses to Survive the COVID-19 Crisis

 Finance Management Small businesses face a number of challenges among which finance management definitely tops the list. Financial decisions must be exercised with utmost caution, right from the beginning, as small businesses operate on limited financial resources. Establishing a  successful business requires a lot more than just a good business idea. For generating profits and staying credible in the industry, entrepreneurs need to  excel in finance management . If your small business is struggling with managing the finance, you just need to rehash your strategies and modify your operations a little to improve your finances. Keep Your Business And Personal Finances Separate This is the first and foremost rule of finance management. You should never mix personal and business finances. Get a business credit card and put all the expenses related to business on it. This will help you track your expenses and keep a control on them. You can also open a savings ac...