I have been thinking of starting my own business for a while now,and these are very useful points to consider,thank you for the post,on your point concerning insurance,do you suggest that one can do without insurance if the business is not having any high risk levels.sometimes insurance is very expensive if the business is just starting.
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If the risks are not to great then insurance can be a luxury you can skip on in the early stages. It should be evaluated and considered depending on the stage the business is at.
Thank you