10 Ways To Financially Prepare For The Launch Of A Small Business

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Woman Works on Financial Matters Using Digital Tablet

Source: Grace Cary / Getty

Estimate your expenses

A solid financial plan is proactive, not reactive. Conduct some research and determine what the fixed expenses associated with the operation of your business will be. Next, do the same for potential variable expenses. By maintaining a running list of these anticipated costs, you will be able to sketch out a budget more effectively during the planning stage.

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