New startups come regularly. But less than 50% businesses are not closed in the next 5 years. This shows that how well the businesses will do in the future have to do with how one is spending on it today i.e.; money habits. Poor money habits to look after are: First, not having regards for "little money", spending, smaller denomination in huge amount causes less access to actual working capital. The second is not diversifying the income stream of the business. Diversifying is the most potent way to get a large market share and raise income. The third is not saving. Fourth is not taking steps to reduce credit card balances and debt. Fifth is not maximizing tax deductions and write-offs. Sixth is not keeping oneself on a salary. Read more at: https://www.entrepreneur.com/article/294877