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New business has lots of needs; big debt not helpful

The biggest mistake a new business owner can make is to get into too much debt too fast, says Steve Strauss, a lawyer and small-business expert. "You have to have a good idea, maybe a good team, a great plan, some smarts and know-how, possibly some contacts, and some luck," Strauss says. Courier-Post (Camden-Cherry Hill, N.J.) (09/19)