How to avoid investment budget mistakes at the beginning of business

What should entrepreneurs learn from the entrepreneurs of the past?　　Avoiding the following 5 common mistakes will not turn your entrepreneurial gold dream into a terrible fiscal nightmare. 1. Exaggerate budget planning. Investors sometimes tend to overdo the digital effects of the short term and end up suffering.　　Realistic budget and budget planning may prolong the financing period, but once the financing period is over, you will be able to use the proceeds of financing to operate and make profit plans for the next few years. 2. Ignore current budgetary needs.　　If your budget plan urgently needs to invest 50000 of dollars in marketing, don't just dial 30000 dollars. 3. Profitability does not bode well for positive cash flow. There is a time lag between the end of the transaction and the ending of the cash collection in the actual transaction, and if you make sufficient preparations, this should be the normal flow of business and will not pose any real problems.　　But the fact is that a lot of companies are not prepared for this, resulting in serious cash flow problems, because they have to pay ahead of the money has not yet been handed. 4. Neglect of government existence. The final revenue and expenditure tend to be larger than the actual income. Sales tax and employee tax deductions remain in your account for the time being, but they are ultimately owned by the government.　　Therefore, your balance sheet should not be included in the above items as all assets, otherwise there will be future project budget risk, difficult to pay huge costs. 5. It is difficult to properly grasp the advertising opportunity. Advertising promotion should have been a logical marketing model. However, many companies put the ad budget into the sales performance in the same period. To ensure sales effectiveness, advertising, marketing activities should be at least some time before the start of the sales operation.