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What's the best way to manage finances for a small business?
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The best way to manage finances for a small business is to develop and stick to a budget. Set realistic, achievable goals for income and expenses and track them closely. Establish a separate bank account for business transactions, create a system to track income and expenses, and use a reliable financial management system or accounting software to handle your books. Seek expert advice from financial professionals when necessary, and be sure to comply with all legal and regulatory requirements.