Putting the Majority of your Resources into your business, and not diversified your wealth.

Neglecting business insurance, resulting in your business not being properly protected.

Not paying yourself first, not having a portion of your salary earmarked for savings and future retirement

No planning for corporate tax obligations or retirement tax liabilities.

Not creating a budget to manage cash flow, finances, and spending accurately.

Not having an adequate emergency fund in place to keep the business afloat in hard times.

Carrying too much debt on credit cards, spending what you don't have.