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The Problem
Small Business Conundrum
Q:How do you maintain a small business during an overall financial downturn? And is there any help/aid for small businesses that are struggling financially to stay in business?
The Fix
Tweak Business Model
By Deborah Owens, financial expert and author of A Purse of Your Own
I applaud you for taking the entrepreneurial plunge and creating your own opportunity in this challenging economic environment. The first step to becoming clear about your finances is to “get to the bottom of your purse.” This means creating a budget to determine how much money you actually need to pay your bills. If your business is not generating enough revenue to pay your bills, you do want to get help.
Read more at EBONY http://www.ebony.com/career-finance/the-money-fix-guide-062#ixzz2JXovsipq
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The post Ebony: The Money Fix Issue appeared first on Deborah Owens.
