One of the biggest stressors for small business owners is money. Learning quickly how to handle cashflow is crucial for business owners soon after setting up their business. Getting paid on time, being responsible for employees’ incomes, or making risky financial decisions, are all common challenges for businesses.
This episode talks through some of the struggles and stressors small business owners face when managing finances, how these can impact your mental health, and that it is OK to make mistakes as long as you address them early and put practices into place that mitigate risk.
Australian Securities and Investment Commission:
Bouncing Back is produced by SoundCartel.
Bouncing Back is an initiative of the Australian Government.