7 Crucial Money Tips to Failure-Proof Your New Business

2 years ago
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personal finance finance tip personal finance

7 Crucial Money Tips to Failure-Proof Your New Business

1. Avoid unmanaged cash flow or sloppy books.
2. Obsess over accounts receivable and accounts payable.
3. Know your COGS and your margins.
4. Diversify your revenue.
5. Don't overpay your taxes.
6. Don't overpay for anything else,
7. Watch your time as closely as you do your money.

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