Home > Getting Your Business Started > 10 Ways to Save Money When Starting a Small Business

10 Ways to Save Money When Starting a Small Business

See on Scoop.itDenver CO Small Business and Entrepreneur Information Center

Take a look at the top 2 reasons businesses fail: inadequate capital and excessive cost overruns. Don’t let your business fail because of these two things. Since most of us don’t have lots of capital available to us to start our operation, we must use what we have wisely. Here are 10 ways to use that capital wisely and manage your start-up costs. *1. Start small.* Excitement is great: it is the power that will get you through the tough days in your business. Don’t let that excitement lead you to buying too much inventory, spending money you don’t have on …

Nancy Barnett‘s insight:

Good article on some simple ways to reduce you “burn rate” when starting your business.

See on excelle.monster.com

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