Are you thinking about starting up a business? If so, make sure you pass on these items as they will consume all of your money. Although the economy is not in the best of times, many new successful businesses have been started up during a slow economy. What you need to do is make the most out of the cash you have since credit is tight.
During the first few months you will most likely be under financial stress. You do not want to spend money where it is not necessary. It is highly critical to launch your product, products and/or service wisely.
Tips on getting started include mapping out a budget. Stick to it so make it a comfortable one when you create it.
Use the barter system whenever you can. Instead of having to spend your cash, offer your services for a service you need. For example, if you are a photographer offer your services to someone that does taxes and/or bookwork.
Spend more of your money on high quality services and value versus expensive office equipment, an expensive website, etc. After all, if your customers are happy with your services they will come back for more. Customers do not care if you have a top notch contemporary looking office if your services and/or products are poor.
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