EP2 Setting up your business for success
In this episode, Jess discusses important tips for setting up a small business for success. She emphasizes the importance of having a clear business plan, budgeting wisely, separating personal and business finances, choosing the right legal structure, and investing in a good bookkeeping system. These steps are essential for financial clarity, informed decision making, compliance and tax management, business planning and growth, risk mitigation, and professionalism and credibility. By following these tips, entrepreneurs can lay a solid foundation for a successful and resilient business.