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Look at history of business
Businesses should look at their spending history to know what and what not to do in the future. -
Create Realistic Goals
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Organize budget categories
break down into income and expenses, further if needed -
Adapting Costs
Cut out products that are not selling. and add proceeds to categories that could use the money -
Review Business Progress
Businesses need to check progress periodically to make sure their tactics are working or not