New and longstanding businesses alike often rely on credit to get their ideas started or keep their operations going. Debt can be your friend as it can help you get the much needed money to hire more people, increasing marketing, improve customer service, etc. that will help grow your business. But, debt can also be your nemesis if you don’t have a plan to make wise of it and pay it off. Of course, the best course of action is not to incur any debt at all and fund your needs with your own cash. Here are 4 ways by which you can avoid getting into debt.
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