6 Common Money Mistakes That Businesses Make

Posted on Nov 22 2016 - 8:07am by Editorial Staff

The simplest way to run a profitable business is to ensure that cash inflows are greater than your cash outflows. While businesses aim for this, it is often found that either they engage in extravagant spending at the start or do not have a very clear idea of what kind of outflows they are facing. Major transactions are documented but a fair bit of miscellaneous expenditure goes undocumented, untraced and unknown. Make it cheaper has made this simple little infographic that tells businesses where they often end up spending their cash, without realising it. If you run a business or know someone who does, do make sure that they have a look at this infographic. It might take you a minute or two but can save you thousands of dollars later on.

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.