Startup money mistakes you can easily avoid

10/18/2011 | Entrepreneur online

Entrepreneurs too often underestimate the costs associated with their startups, says Steve Strauss, author of a book on small-business finance. They tend to misjudge how much it will take to repay investors and pay their salaries, Strauss says. Other common mistakes include not setting aside money for marketing and spending too much on overhead for unnecessary items such as a fancy office.

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