The key to having a successful business is having sound financial practices. Even if your company is making more money than you ever dreamed, it's still very important to control your business spending habits. Keep the money separate: Do not treat your company's money like your own personal bank account. All company spending should be company related. Although it's tempting to take your friends out to dinner to celebrate a successful business quarter, it's best to avoid it. You never know when you'll hit a sales slump and need that extra money you just … [Read more...]