Home business owners wear many hates. Salesman. Accountant. Ad executive. CEO. With so many hats, often home business owners end up with nothing more than just a big, hairy headache. But with some basic tips and organization, the small home business owner can avoid headaches and find financial success with his big idea that led him home to begin with. Success home business entrepreneurs do three major things to successfully manage their businesses.
First and foremost, they pay attention. They do not let money just slip through their fingers to pay off what seems like a necessity. Instead, they make prudent, specific decisions on a daily basis. These type of business owners will examine invoices carefully. They’re the kind of people that stand at the department store check out and count their change before they walk away. They’re the penny pinchers, the economists in our world. Every successful home business owner must find a way to do just that and to pay attention.
Secondly, the successful home business owner will keep his business account separate from his home account. Many new home business owners simply pour their business income into their home...