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Saturday, 26 July 2008
 
 

Entrepreneurs Know Fixed Costs Will Eat Them Alive

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Entrepreneurs Know Fixed Costs Will Eat Them Alive

Fixed costs should only be incurred only after the business has predictable, growing cash flow. Here are ways to avoid taking on fixed cost committments. Remember hiring people should be viewed as a long term decision, don't hire with the thought that you can let somebody go if the new business doesn't materialize
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