When you aren’t completely sure what to do, there is a great temptation to simply do what you believe is right, or worse, to do nothing and see if the situation resolves itself. In business, you need to know you are making the right decisions, at the time they need to be made.

If you don’t the financial implications could be disastrous.

In this, the second show in this seven part series, Vision to Reality, Nigel Reynolds, from PricewaterhouseCoopers in London, identifies seven common financial mistakes that entrepreneurs make.

From dealing with actual funds and managing risk, to sacking team members that are monetary black holes, Nigel tells you what those seven mistakes are so you can make sure they aren’t costing you your business.