1. Cash Flow is King
Always know how much money is coming in and going out. Profit is good, but cash in hand is even better.

2. Know Your Break-Even Point
This is the point where your income equals your expenses. Once you cross this, you start making real profit.

3. Budget for Everything
Plan your spending every month. This avoids surprises and helps you control costs.

4. Don’t Mix Personal & Business Money
Keep separate bank accounts. It makes tracking easier and avoids confusion.

5. File Taxes on Time
Late tax filings = penalties. Stay organized and get help if needed.

6. Keep Records Clean
Invoices, bills, salary slips—all must be saved. This helps in audits and financial planning.

Final Word:
Finance doesn’t have to be hard. With simple habits, you can run your business with more confidence and fewer surprises.