Financial Tips for Startup Entrepreneurs

All start-ups begin with a vision, but it takes a lot more to build a business into a successful enterprise. You’ll need dedication and discipline to create or incubate an idea that has economic value. You’ll also need funding and a team of expert advisors who can help you avoid legal and financial pitfalls.

My business partner, Jay Rossin, and I founded Kaufman Rossin in 1962 with just $2,000. I’m proud that we have grown to be one of the top CPA firms in the country and are celebrating our firm’s 50th anniversary this year. We’ve experienced our share of challenges, as all entrepreneurs do, and I’ve learned more than a few lessons along the way.

As I tell our entrepreneurial clients, there are no secret weapons in this business. Some entrepreneurs prosper with the right combination of timing and talent, but many don’t make it. Here are a few tips to give your business a firm financial foundation and the best chance at a bright future.

Continue reading this entrepreneurship article at huffingtonpost.com.

Continue reading this entrepreneurship article at upstart.bizjournals.com.