Women Entrepreneurs: home, business and your own money4 min read . Updated: 29 Sep 2016, 09:07 AM IST
Generally, women entrepreneurs are averse to taking debt as they find the rates too high and fear loosing control. All the more reason why women entrepreneurs must have their personal finances in order.
Sometime back, while addressing a group of women entrepreneurs on personal finance, I asked them about how they manage their personal monies. I was taken aback on hearing that most of them leave it to the husband. This surprised me, as it is with their personal money that they started off their venture and now they are so consumed by their business that they have left the money management to someone else. Most of them, however, wanted to know how they could improve their business finances. But if you are not managing your personal finances yourself, you are most probably not managing your finance aspect of your business either.