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Small Biz Insights: When Expenses Are Really Investments

running-a-business | Read Time: 3 minutes

By WSFS Contributor | Published: November 2023

Small Biz Insights: When Expenses Are Really Investments

Every small business has expenses. They are a part of doing business that are impossible to avoid. Some expenses may seem avoidable, but doing so can stunt your business’ growth and success—or sink it altogether.

Why it matters: Reinvesting into the business plays a critical role in long-term success, providing stability and growth opportunities, and a sound foundation to weather unexpected challenges.

Focus on these three expenses as investments in your small business:

  • Marketing and Advertising
  • Real Estate
  • Your Employees

Go Deeper: Dive in to learn more about these investments and how you can use them to your small business’ advantage.

 

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