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Starting your own business may be a dream come true. Paying for this dream may be an entirely different story. How you structure the finances for your business will have long term effects on your entire life. Unless you are wealthy enough to finance your new store with no financial strain, raising the money you’ll need may prove to be one of the toughest challenges you’ll ever face.
A word of warning: whatever you do, make sure you leave yourself a few thousand dollars in the bank to pay your living expenses as you grow a business and cover emergencies.