A recent article [1] in Channel Insider highlighted several common financial mistakes frequently made by owner/CEOs in the early stages of building their businesses:

1. Not saving money outside the business
2. Using personal credit instead of business loans
3. Having no exit strategy
4. Failure to plan for tomorrow
5. Not providing for their families should the unexpected occur
6. Not carrying personal health or life insurance

Starting a business is demanding and often requires every ounce of available resources, but failing to address these mistakes may well cost you the success you had set out to achieve.

Read the complete article.