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  Have a business account. The number one rule of business is to keep a garden  business account. This advice is typically treated as a trivial matter as most new business owners tend to use their personal accounts for business. However, this can quickly escalate into a big issue, especially when computing and paying your taxes. If for nothing, remember that having a business account is more professional. It also makes it easier to track your expenses and cash flow and helps develop banking relationships that can be helpful as you scale. This includes instances where you might need financial aid or scholarships to complete a business program or certification. When choosing a business account, ensure that you choose a banking service provider that meets you and your company’s needs. For instance, some banks might have a video KYC process to mitigate security risks, provisions for a credit card with valuable perks, an easy financial aid process, and a reasonable loan amount and ...

  So your company is new; you’ve got the concept, created a business strategy, and started from scratch. However, it’s a skeletal team, low sales, and much less cash. While you’re probably focused on immediate survival and overcoming your first major obstacles, there are other things you should also be concerned about, especially your finances. Financial management is unquestionably the cornerstone to every startup’s success. There will be a lot to handle and keep track of, which can be intimidating without a strategy. This is why we have curated a list of five financial tips for early-stage startups that’ll aid your business’ growth and prevent you from making mistakes most new startup founders make. Have a business account. The number one rule of business is to keep a separate business account. This advice is typically treated as a trivial matter as most new business owners tend to use their personal accounts for business. However, this can quickly escalate into a big issue, es...