3 Worst Ways Entrepreneurs Spend Money During their Entrepreneurial Journey
The road to entrepreneurship offers plenty of opportunities to waste money. Surprising though, it’s quite true. Unless your rich uncle is bankrolling your entire start-up without concern for what and how you spend, you need to keep your expenditures under control. According to the leading startup consultants , the top five ways that entrepreneurs waste money, but shouldn't, are: Franchise or MLM Fees Don't bother with these business models, according to the leading startup consultants. Franchises, even the best ones, are too expensive for what you get, and MLMs are just a bad idea. The money you put out for either only provides you pieces of the operations side...you are still at square one as far as your overall startup. Your franchise and MLM fees buy only the operations ideas or access to brand products, you still must complete all your own planning, fund all equipment, location, staff, etc., and figure out how to get the product sold. You are far better off comi...