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Whether you went into your business with open eyes or have been kicking and screaming about the parts you don’t like, expense management is essential to keeping the lights on and creditors (and the tax man) away.
Failing to manage your expenses could leave you continually spending on unneeded subscriptions that automatically renew. You could wind up short of funds at the end of the month and have to carry a credit card balance at a large interest rate. Or you could wind up with a tax debt you can’t pay and the IRS knocking at your door.
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