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A sobering statistic

As I did research on bankruptcy to prepare for a freelance assignment recently, I came across a sobering statistic: Nearly half of all personal bankruptcies are the result of failed business ventures. If you’re starting your own business due to recent unemployment, this could affect you even more.

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Count the Costs

Although a business plan isn’t necessary for every business, it does help you to see how feasible the business is.

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