First, you should estimate your start-up costs, including equipment, supplies, rent, and insurance, and create a cash flow projection to forecast monthly expenses and revenues.
Monitor your cash flow regularly and adjust your budget as needed. Keep track of your daily sales and expenses, and create a system for managing payroll, vendor invoices, and taxes.
Implement cost-saving measures, such as buying in bulk or negotiating with suppliers. Utilize accounting software to streamline financial management and generate financial reports.
Finally, seek advice from a financial advisor or accountant to ensure your finances are in order and help you make informed decisions.