Quote:
Originally Posted by ActiveCounselling
One big thing for new businesses is over excitement. They see a bit of cash coming in and start buying new cars, offices, laptops etc. In tough times you need to keep your overheads low and having high lease and interest payments are overheads you don't need. This is especially so when you have concerns over the economy and how your startup business will go. |
Hear hear.
The WORST thing I EVER did was get overexcited and buy a new car on finance! *smack*