Where should you spend money when starting a business? Infographic

Eric Weisbrot

Chief Marketing Officer of JW Surety Bonds

 


Today’s uncertain climate makes today’s financial decisions more important than ever before. At least 30 million Americans have lost their jobs and are scrambling to find ways to make ends meet. Starting a home business like an ecommerce store or a dropshipping site is one way some unemployed individuals are trying so they can replace lost income or supplement their income in case things turn for the worst.

The tough part about starting a business is that business owners typically need to invest some capital to get their business off the ground. It’s easy to get swept away by business coaches and big companies who make promises of “fast money” and “streamlined systems.” However, these shiny products and sophisticated features may not even be necessary depending on the business, business owner and resources available.

Instead of looking to business influencers or top 10 blogs, take a look at this infographic below from JW Surety Bonds about thethings you should spend money on. Their visual guide identifies 11 categories you should invest in when starting a business. Check out the categories and learn why each is worth the investment.

things to spend money on when starting a business ingraphic

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