Phineas Manthata- Business Tips for Entrepreneur

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Five Business Tips for Entrepreneur By Phineas
Manthata
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Prepare for Unforeseen Expenses or
1.)BE READY
Limited or Inconsistent Cash Flow Don't Mix
Business and Personal Finances Use a proper
budget to avoid financial challenges.
FOR FINANCIAL CHALLENGES
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2.)Protect and defend your intellectual property
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Keep it under scrutiny aware of your
Intellectual Property Rights Consult an
expert Double-check if your idea is unique Hire
an auditor Keep a record of almost everything
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3.)Know when and

• when not to be transparent.

Transparency is as detrimental at some times as
it is beneficial at others. There are times to
share openly and times to zip it.
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4.)LEARN TO READ AND WRITE EFFECTIVE
AGREEMENTS.
The more effective your agreements are, the
better your business relationships will be.
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5.)TRUST YOUR GUTS
This phrase is often repeated but rarely
understood. It means that your own instincts are
an extremely valuable decision- making tool.
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