In general, it is best to have the cash to pay for things upfront as opposed to using debt to finance large items. Of course, we all don’t have $50,000 laying around to start a new business, but save up as much as possible so that you minimize the amount of debt that is required to finance your new business.

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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!