Starting a business is exciting. You’ve got your logo, your website, and a business plan scribbled on the back of a napkin. You’re ready to take on the world - until, a few months in, you realize your bank account looks like a sad meme and you’re asking yourself where did the money go?

Fear not, fellow entrepreneur. We’re diving into the financial mistakes new entrepreneurs make - so you can dodge them like a pro and keep your business (and your sanity) intact.

Let’s get into it.

Ever feel like you are guessing when it comes to your business finances?

You are not alone. Many small business owners and freelancers find forecasting tricky, but a good business finance forecasting guide can change everything.

When you forecast your income, expenses, and cash flow for the year ahead, you gain clarity, confidence, and control over your financial future. Let’s break down the process step by step - without the jargon.

If you have ever stared at your Profit and Loss Statement (P&L) and thought, “What am I actually looking at?”, you are not alone.

Many freelancers, side hustlers, and small business owners struggle with understanding profit and loss statement details - yet this simple document can give you a crystal-clear picture of your business’s financial health.

Let’s break it down, step by step, so you can stop guessing and start using your P&L like a pro.

Running a business without a financial plan is like driving without a map - you might get there eventually, but you’ll probably waste time, money, and energy along the way.

That’s where a 12-month business financial plan comes in.

When you’re running a small business, every dollar counts. You might already have a business checking account to handle day-to-day transactions, but here’s the question:

Should you open a business savings account, too?

The answer is a resounding yes - and here’s why.

Let’s break down the benefits of business savings account setups and how they can protect your business, fuel your growth, and keep you ready for whatever comes next.

Ever tried applying for a business loan or credit card and wondered why you got denied or approved for way less than you needed?

Chances are, it had something to do with your business credit score.

Your personal credit score is important, sure - but for your business, building credit is a whole different ball game.

Let’s break down exactly what a business credit score is, why it matters, and how to build business credit score from scratch (even if you’re a freelancer, side hustler, or small business owner just getting started).

If you’re a freelancer, consultant, or small business owner, you’ve probably wondered: “How do I actually create a financial plan for my business?”

It’s a smart question because let’s face it - winging your finances is a recipe for stress. A solid financial plan helps you make smarter decisions, avoid cash flow disasters, and actually build the business you want (not just the one that keeps you busy).

Here’s exactly what to include in a business financial plan, plus a simple breakdown to help you get started today.

Setting financial goals sounds like something you should do - but for many small business owners, it’s often vague, rushed, or simply forgotten in the day-to-day hustle.

But here’s the truth: when done right, setting financial goals for small business growth is one of the most powerful ways to stay focused, increase profitability, and build long-term success.

In this guide, we’ll show you how to set financial goals that are clear, motivating, and (most importantly) achievable.

So you're ready to pitch your business to investors? Great. But before you talk valuations and big visions, there’s one thing investors will ask to see first: your numbers.

That’s where business finance preparation for investors comes in. Your ability to present clear, accurate, and compelling financials can be the difference between a quick “yes” and a polite “pass.”

Here’s what investors are really looking for - and how you can prepare your finances to impress them.

Let’s face it, running a business is hard enough without wasting hours managing your finances. The good news? There are apps built specifically to make money management faster, easier, and even kind of enjoyable.

Whether you're a freelancer, solopreneur, or small business owner, the best apps for business finances in 2025 help you stay on top of income, expenses, taxes, and more - with minimal effort.

Here are 10 apps worth checking out if you want to spend less time crunching numbers and more time growing your business.

Every dollar matters when you’re running a small business. But even the most well-meaning business owners make budgeting mistakes that quietly chip away at their profits. The good news? Once you recognize these issues, they’re easy to fix.

In this article, we’ll break down five common small business budgeting mistakes - and how you can correct them before they cost you any more money.

As a small business owner, you wear many hats, but your decision-making should always be grounded in real numbers. That’s where a financial dashboard for small business comes in. It’s not just another spreadsheet or report - it's your real-time snapshot of business health.

In this post, you'll learn why a financial dashboard matters, what to include, and how to build one that helps you make faster, smarter financial decisions.

If the word “budget” makes you want to hide under your desk, you’re not alone.

But here’s the truth: Your budget is your business’s blueprint. It’s not about restriction: it’s about direction.

Whether you’re running a freelance side hustle or managing a growing team, knowing how to create a business budget can be the difference between coasting and scaling, surviving and thriving.

Let’s walk through a simple, no-fluff guide to creating a budget that actually works for you…not just on paper, but in the real world.