7. Take action when something isn’t right
One of the best habits you can build is the habit of taking action. Founders and business owners are great at just getting things done. Apply that mentality to your finances, too. If you see a red flag, follow it up immediately: Don’t let it wait.
That might mean having difficult conversations with your co-founders, doing some difficult self-reflection, or just cutting something out. Whatever it is, just do it.
Finance doesn’t have to be scary, and keeping your business financially healthy isn’t difficult. But all the report reading in the world won’t help you if you don’t take immediate action to ensure you stay on the right track.