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Payal Manghnani

#uiux designer #free... • 3d

The golden rule for business finances: don't spend more than you generate Many businesses make the mistake of overspending in hopes of faster growth. While rapid expansion is tempting, it can lead to financial failure if not backed by stable revenue. 🚨 Warning stories: Companies such as Wework and Sears suffered the devastating effects of uncontrolled investments and excessive expenses. Wework opted to grow too fast without a sustainable financial model, while Sears abandoned innovation and focused on short -term decisions that eroded their stability. 💡 Keys to intelligent financial management: ✅ Know your income and expenses ✅ Strategic reinvestments ✅ Keep an emergency fund ✅ Avoid unnecessary indebtedness Remember: business success is not just about how much you generate, but how you handle what you have. What financial strategy do you consider most important for a business? Share your ideas!

1 replies5 likes

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Siddharth

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To cutdown on your expenses, would you use AI in your business?

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