By Ted Baker, CEO, Muncie Innovation Connector, Inc.— MUNCIE, IN—Every business owner has a story. Some begin with a dream, others with an opportunity, and many with a determination to create something better. Regardless of how a business begins, one thing is certain: understanding its financial side is essential to its survival and long-term success. Unfortunately, finances are often among the most intimidating responsibilities for entrepreneurs. Business owners may excel at developing products, serving customers, managing employees, or generating sales, yet feel uncomfortable discussing cash flow, financial statements, banking relationships, or recordkeeping. Here’s an important truth: You do not have…