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If you’re the only proprietor of your business on paper, don’t allow anyone else make executive economic decisions for the company. In case your spouse uses your business cards and buys other products, too, you may not be able to write the product off.

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Spend money on expansion only when it really is clear that you absolutely need to. Keep track of your burn rate. Attempt to have enough cash on hand in order to last twelve months without product sales.

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