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Tuesday, 17 July 2007

91.Plan your Costs

Unbelievably, there are thousands of entrepreneurs that start a business
without the foggiest idea of what their costs are going to be. Either
there is an estimation that is way overstated or understated. From the
very beginning, you need to have a strong handle on knowing what you
will need to get your business started and keep it running. Additionally,
you need to have projections for your future success. Know your
numbers and make sure they are accurate.

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