‘[tweetmeme source=”RoseA_smallbiz” only_single=false]’ As cash is the lifeblood of the business, it is important that you have to focus on the financial aspect of your business. What defines your business productivity is the way money is coming in and coming out of your business. In order to profit, you must always have greater amount of money coming in than coming out.

It is also important to create a cash flow statement for your monthly income. Through the cash flow statement, you can be able to show the amount of money your received from the start of the business. It is now easy for you to manage your finances because you have a clear idea about the sources of income as well as where your money is going.

Business is a game, and like any other kind of game, there must be rules to follow. An entrepreneur must play the game because only those who excel from the competition will have the chance to win the game.