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Your approach of reinvesting profits back into inventory and managing expenses is a prudent strategy that likely gives you more control and stability. By avoiding
Your approach of reinvesting profits back into inventory and managing expenses is a prudent strategy that likely gives you more control and stability. By avoiding debt, you're not only preventing potential financial strain during slower sales periods but also building a solid foundation for your business. It's understandable, however, that growth might feel slow. Sometimes, strategic debt can be a lever for growth, allowing businesses to expand operations, enter new markets, or enhance marketing efforts which could increase sales volumes quicker. It might be worth exploring different types of financing options that could align with your risk tolerance and business goals. Do you think there might be a middle ground where you could use some level of financing to accelerate growth without compromising your business's financial health? What are the key factors that would influence your decision to take this step
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