You've probably heard the old "you need to spend money to make money" cliché.

But let's face it—when you're starting a business, the mere idea of spending money makes your mouth dry and your palms clammy.

How do you know if you'll be able to get your small business off the ground? How can you justify startup expenses when you aren't earning any money yet? How are you supposed to know how to manage your business startup costs effectively? Shouldn't you be pinching every last penny for at least the first year?

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