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Business strategy
Keeping Running Costs Low as a Business Strategy
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[QUOTE="moonchild, post: 337333, member: 57467"] When starting a new business that you don't have much experience about is very important to learn to keep running costs low and expenses lean, this will help you tremendously to understand your business and what actually moves the needle the you double down on that spend more money or allocate more resources towards that direction, way better than starting on a high budget and an inflated balance sheet. Treat business like experiment, if you're getting into a new market everything you're doing is an experiment and youre not trying to force things, your work is to find what people want in your industry and give it to people at a massive scale, that's how to get rich doing business. [/QUOTE]
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