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Top 5 money challenges small business owners face

By Charmaine Huber, Money Coach

Portrait Of Couple Running Coffee Shop Behind Counter

Most people don’t start a business for the sole purpose of making money. There are much easier ways to make money than to build a business. At the risk of sounding too mystical; it’s more often a soul purpose that creates the energy behind entrepreneurial success. People who start businesses are passionate about what they do. But here’s the thing, people who stay in business, the people who thrive and grow, are also practical about what they do. They know that even if they don’t feel comfortable in the world of profits and losses, debts, taxes, budgets and retirement; learning how to take control of their money and having a financial plan in place will make them more successful and allow them to continue doing what they love.

Here are the top five money challenges you’ll face as a small business owner: Continue reading