Ready to take the plunge and start your own business? While you might have a lot of enthusiasm and the right set of skills, if there is one thing that you can’t ignore, it’s your finance. No matter what type of business you’re launching, you need some financial preparation. But how do you get ready?

To answer to that question, we decided to interview Bola Onada Sokunbi, the financial expert behind the website Clever Girl Finance.

In this episode of Creative tips Tuesday, Bola talks about:

  • The most common financial mistakes entrepreneurs do when starting a business
  • 5 financial things an entrepreneur must think about before launching a business
  • Her favorite accounting tools for entrepreneurs

Starting Your Own Business? How to Prepare Financially

| Career & Finance, Finance, Video | 1 Comment
About The Author
- Erika is a journalist and the founder of MadlyJuicy. After having worked for major media in Europe, the West Indies and Canada, she finally decided to create MadlyJuicy to inspire career-driven Millennials.

1 Comment

  • Jacob Merkley
    Reply

    Great interview! For me, it was all about getting debt free so that I could save up some money and feel comfortable not making money for the first little bit and “live” off my savings.

    My wife and I went through our own debt “detox” a year ago. We created a debt destruction plan to help us wipe out our debt (see our exact plan here: http://www.poweroverlife.com/create-debt-destruction-plan/)

    It was painful because we had to change our behaviors. In the end, it was totally worth it. Being debt free is the best thing we’ve ever done and it allowed me to start my business and survive the first little while of getting it up and running.

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