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Tips to avoid debt
Debt can quickly spiral out of control and become a major burden, so it’s important to take steps to avoid it. Here are some tips to help you stay debt-free: Create a budget: A budget is a crucial tool to help you manage your finances and avoid debt. Make sure you account for all of…
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What are the causes of business debt?
The effects of business debt can be catastrophic; without finance to pay wages, purchase new inventory or repay debts, businesses cannot function as they should. This throws a spanner in the works when it comes to developing staff skills and product/service quality – something banks take into account before offering support. It takes just one…