This kind of detailed financial review can be intimidating and stressful, but it is absolutely critical to surviving a slowdown as a small business. By establishing this practice now, you’re also creating a strong habit of being financially smart inside your business.
Related: Don’t Let These 8 Common Expenses Stunt Your Growth and Drain Your Profits
Considering what and when to delegate
A common myth is that delegation always saves you time, but that doesn’t always play out. It can become costly if done wrong, and any delegation you’re currently doing is worth a second look.
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