#7 Set apart your business and personal wallet

Keep separate accounts for business and for personal use to have financial clarity. While setting up the business account make sure that you handle the business and finances with intent. Handle finances in an organized manner. Keep your financial pockets deep enough to get through tough times. While running business you have to be well positioned financially at all times.

#6 Form an Advisory Board

A powerful advisory board is the part and parcel of a successful business. An advisory board should accommodate a core group of people who truly know business. It assists you in validating your plans and provides you with new insight. An advisory board should be comprised with people from different disciplines and life experiences which help to built up a lucrative business.

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