BOZEMAN OFFICE 406-582-8822 HELENA OFFICE 406-449-4829


The Biggest Mistake New Businesses Make

Posted on August 14th, 2017

Preventing Business Failure

The single biggest mistake we see when we help clients set up a new business is they forget about their own personal financial accountability to their business. They don’t set their personal budget. They and their families are spending money as usual and they miss budgeting for the company. They forget their company can only sustain a certain personal budget. If your personal budget can’t match with your business, your business is going to fail, guaranteed. You’re the only person who can ensure your personal and business budgets are properly set. Please, please, please folks, remember before you start a new business, set your personal budget! Set the lowest case scenario, set the highest case scenario, you’ll fall somewhere in-between most likely. But be realistic with yourself, what is the lowest you can go to sustain your personal life, your family, and your business? And always remember to take taxes out of your profits!

Stop by our Helena office, 950 North Montana Avenue, or our Bozeman office, 504 West Main Street, to make an appointment to speak with a business law attorney today!


Fill out the form below to get in touch with our legal team or call Bozeman office at (406) 582-8822 or our Helena office at (406) 449-4829 to talk to someone right away.

Silverman Law Office - Bozeman

504 W. Main St.

Bozeman, MT 59715

Get Directions

Silverman Law Office - Helena

2620 Colonial Drive

Helena, MT 59601

Get Directions