Balancing Act: Financial Planning Tips for E-commerce Startups on a Tightrope
365 Retail
DECEMBER 8, 2023
Determining an Initial Budget When creating your initial budget, be realistic about the required upfront costs—many expenses like inventory, web hosting, and payment processing scale with sales volume. Aim to have 6-12 months of operating costs on hand to allow time to refine your offering. Measure ROI religiously.
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