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What is the hardest part of managing your company's finance?

I am an impulsive spender and that is why I don't go anywhere near the finances of my company. I have a cashier who also doubles as the accountant. She releases person funds on a predesigned template. The hardest part of managing the finances of your business is being able to distinguish and stay off business funds for personal use.
 
How well do you manage your company's finance ?

Do you have someone who does the job for you or you are doing it yourself as an owner?
It is better to do it by yourself because people cannot be trusted especially when it comes to money. I manage my mother's business and I am the one in charge of the financial aspect since it is a family business
 
Managing a company's finances can be a complex and challenging task. One of the most difficult aspects of financial management is forecasting and budgeting. Forecasting involves predicting future revenues and expenses, which can be challenging in an uncertain economic climate. Budgeting involves allocating resources to meet the company's goals, which can be difficult when resources are limited
 
It can be difficult to predict how much money the company will bring in or how much it will need to spend on things like inventory, salaries, and other expenses. This makes it hard to make decisions about things like budgeting and investment.
 

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