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HIVE TOPIC OPEN: May 1, 2012 - May 26, 2012

Help Us Create the Ultimate Cheat Sheet: 10 Rules for Starting a Small Business



Cash Flow is King

10

Without cash flow, profit is an optimist's dream. Since you can't always predict sales with great, or any, accuracy at the beginning of a business, managing expenses is the key to managing cash flow. It's always an awkward balance between tight-fistedness and spending on what you really need (including on many of the other ideas in this list of proposals).


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