One of the key factors for a sustainable business is keeping track of how finance is managed. The degree of risk associated with this factor gets even more magnified in the entrepreneurial world,as entrepreneurs do not necessarily walk through the hall of fame with a swashbuckling qualification in finance. Entrepreneurs are impulse-driven. Many entrepreneurs even take it upon themselves to manage the finance of the company until they find a suitable teammate who can look into the holy grail of the company’s future. They learn finance the hard way, through experience and advice from their mentors, but in most cases this information comes in only when the mistakes are made.
