By Ryan Velez
Another tip is to think long and hard before making the leap to a physical location. For many, this is a sign that you have “arrived” as a business, but don’t move so fast. The money that you spend on computers, rent, new office furniture, and other expenses can’t be spent on different parts of your business or used to implement new plans. Working out of your home or the local library may not be glamorous, but there will be time for that later if your business is successful.
The final lesson talks about accountants. It’s tempting to keep putting this step off early on, saying that you want to wait until you have a little more money. However, this may not be the way to think. You need to keep track of where every dollar in your business comes from and where it goes. Without a proper structure, it will be nearly impossible to make educated choices on when to implement changes. All of these are best handled by a certified public accountant to guide you in the right direction. Use your network to see if you can find someone that you can trust.