Don't Spend. Invest.

What is your spending policy?

Spend your hard-earned money on things that will reap long-term benefits. Every expense has two faces: current benefits and long-term benefits. Businesses that spend on a long-term investment nature reap its benefits much longer.

But remember to balance the cost versus the benefit. If your expense doesn't directly help you in increasing your business or quality of your work, don’t spend on it.

Read the full article at: https://www.waveapps.com/blog/5-financial-tips-for-small-business-owners/ 

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

Financial strategies for small business.

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