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Lowering Startup Costs

Control your startup costs with a few simple measures.

By Nichole L. Torres

Opinions expressed by Entrepreneur contributors are their own.

Every startup knows the drill--you're big on dreams but short on cash. Fortunately, we've got the scoop on how to stretch your budget.

First, says Stephanie Frank, a business consultant and author of The Accidental Millionaire, "You've got to have a plan--you've got to know what your cash flow is." Know what you have in your coffers, and always plan for contingencies.

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