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7 Golden Rules For Effective Small Business Management

Small Business News and Opportunities | Solopreneurs

Small businesses differ from large ones; applying big business methods can lead to failure. Small business rules include: earning more than spending, considering loans aren’t free; planning but remaining flexible; constantly seeking improvement; hiring the best and maintaining good relationships; not delaying start due to lack of ‘enough’; understanding limitations and outsourcing when necessary; and targeting niche markets for growth.

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