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.
Helping you boost your financial intelligence.
Read our financial resources from your friends at WSFS.