Congratulations! As a new entrepreneur, changing from an idea to a hobby to a business takes a lot of courage. Even if this is a go-it-alone venture you’ll need to establish a team of people who are investing in you and your start-up. This may include family and friends, but you will also need strategic business partnerships. It’s especially important to improve your bottom line and to maintain financial success.
Your new company's financial picture is a personal, sensitive topic. Choose people you trust and who will give you honest feedback. Ask yourself these questions: