\n Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.\n <\/p>\n
Nearly one in five small businesses fail<\/a> in their first year. That may be daunting as a new business owner, but learning to manage your money and use it wisely could help your business thrive. The Essential 2023 Money Management Bundle<\/a> has lessons on everything from investing<\/a> to budgeting to personal finance\u2014and lifetime access is on sale for $19.<\/p>\n It’s time to start feeling confident about your business’s financial future. If that means earning passive income to back up your normal revenue streams, then study long-term investment strategies taught by full-time trader, investor, and entrepreneur Travis Rose. See how you can build value by investment and learn to read charts and analysis indicators to make informed investments.<\/p>\n No investment is a sure thing, so you may want to craft a finance tracker<\/a> to stay informed about how much your business spends monthly. This model also works as a personal finance tool, but scaling it up for your business may help you make informed decisions if the time comes to limit expenses.<\/p>\n Many personal finance skills may also apply to your business finances. Up to 82% of businesses that fail can attribute that failure to poor cash flow management<\/a>. In principle, managing your business’s cash flow is similar to operating a personal budget, and Budgeting 101 could show you the basics. From creating a monthly budget, setting debt repayment goals, and creating a cash flow schedule, your business’s finances may not be that much different from your own.<\/p>\n Set yourself up for a year of growth that you can reflect on next tax season<\/a>. Get the Essential 2023 Money Management Bundle<\/a> for $19 (reg. $1990) from February 24 through March 2 at 11:59 p.m. PT.<\/p>\n