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How to Protect Your Startup Against Inflation

The past decade or so has seen low levels of inflation across the globe but sadly, all good things must come to an end. The economic impact of the covid-19 pandemic means that we’re likely to see an increase in inflation in the not-too-distant future, and this could have serious consequences for your business. Whilst some businesses do benefit from inflation, others take a significant hit. As a business owner, it’s important that you understand how inflation could impact your startup and learn how to weather the storm.

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How to Use Smart Budgeting to Accelerate Business Growth

Creating a realistic budget is one of the best ways to protect your business during periods of difficulty and keep it running smoothly in spite of setbacks. A budget gives you more control over the financial health of your business, allowing you to manage cash flow, create spending caps and set realistic targets. The businesses that succeed are the ones that prepare and adapt when necessary, so smart budgeting is really non-negotiable. Here are five useful budgeting tactics that you can use to help your business survive, grow and flourish.

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