Subscribe to Entrepreneur for $5
Subscribe

On a Budget

This story appears in the March 2009 issue of Start Up.

For many startup business owners, there are so many financial fires to put out in a given week that it's hard to find the time to do any short- or long-term financial planning. But by failing to plan financially, you may be unknowingly planning to fail.

Business budgeting is one of the most powerful financial tools available to you. Put simply, maintaining a good short- and long-term financial plan lets you control your cash flow instead of having it control you.

Continue Reading This Article—And Everything on Entrepreneur!

Become a member to get unlimited access to Entrepreneur.com for less than $1 per week* and support the voices you want to hear more from.*Billed annually at $49/year. Cancel anytime.