Daily, new business starts-up but very few are successful.  The reason is that their focus is based on their idea and not their finances. So, lack of innovation, mismanagement of financial resources, failure to hire the right people, inability to access capital; inability to adapt to changing business environment and immigration policies gets included in the issues of start-up failure. These three strategic financial plans should be included by small businesses to fix failures. 1) Being acquainted with the business cash flow analysis. 2) Hiring a consultant for specific services. 3) Embracing strict financial discipline. 4) Using VPN and private internet connection to prevent any average hacker from attacking the data while using open Wi-Fi source. Read more at: http://newsvader.com/id/17256442225

Financial Institution i.e.; Banks have started specialized services for start-ups. 1) Branches have been opened for them to meet their ever growing financial needs. 2) API has been opened for start-ups which will provide access to start-up to the real-time data of a bank, giving the banks power to innovate and solve a real-time issue. 3) Online Advisory Platforms by many banks offers entrepreneurs assistance in registering and even incubation services. 4) Along with investor network, Banks are also funding start-up. 5) Banks offer them a hassle-free process to open accounts that let them have zero balance for the first six months. 6) With the rise of digital money, there is increased involvement of fintech aspect in each start-up, banks come in handy for most start-ups by offering payment gateway services. Read more at: https://www.entrepreneur.com/article/296057