Small Biz Insights: When Expenses Are Really Investments
running-a-business | Read Time: 3 minutes
By WSFS Contributor | Published: November 2023
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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