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It takes time for a new business to start earning a profit. The modern timeline, according to FreshBooks, is roughly two to three years before your business becomes profitable, but that’s not a guarantee. Make sure to spend those first years investing in your business when you can and cutting costs where it’s needed.
One expense to watch out for is the little daily costs that add up over time. Whether it’s office snacks, small appliances, or a myriad of other daily staples, you might be able to keep costs low by doing all your shopping at Sam’s Club. Your first cost-effective investment is the membership itself. For a limited time, you can…