If you are a business owner, you are likely well-acquainted with the highs and lows of the responsibilities that come with the role. Being a business owner gives you the freedom to pursue your passions, be your own boss, and impact your community. But like any venture, acting as CEO of your own enterprise comes with its fair share of risks. In a world with no guarantees, it’s important to take the necessary steps to increase your chances of success. Here are some common financial mistakes business owners make and solutions to avoid them.