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Spend wisely business slogan

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I usually hear this whenever I visit someone opening a new store or business.
Why do people advise business owners to spend wisely?
That's true, I also noticed it. But according to my own understanding, I think they're trying to pass a message to both the Entrepreneurs and those that will later be one in the future that spending lavishly will ruin a business.
 
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Spend wisely involves everything that as to do with business as regards management, everything you carry out in the business revolves round money, do make sure to follow strictly your business plan, do not spend beyond limit as well and always take note of the outflow of inflow of money in the organization. These are the major things about the slogan.
 
Because owning a business, especially if it's the beginning, will cost you a lot. Some start ups have failed because they didn't use their funds wisely. So it's really important for an business owner to look out for their budget.
 
If you have chosen not to have a failed busy that slogan is for you. Wise spending is very good in a business as it helps the business grow. Spend only when there is a need and sideline wants because our nature will always want but God gave us self control and wisdom.
 
It's a very important slogan not just for business owners but for all in general. Most times we spend money buying liabilities without a connecting assets to cover up the bills. If only we know the deep meaning behind that slogan, all these shopping spree addicts will know how they are spending unwisely. My own slogan goes thus; Every liability must have an asset that takes care of it.
 
Not only business owners that have that slogan of spending wisely but I think it applies to everyone and everything you do. In business if a person must excel he or she have be very careful not only in spending but also with friends, family and everything
 
Spending wisely is one of the important step in business, a business owner that want his/her business to keep growing must spend on things that will miss his/her business to grow well. Any business owner that choose not to spend wisely will just notice his/her business will runs down.
 
Spend wisely is a good slogan that if a business owner and newly establishments can adhere to it will definitely improve the successful operation of their business.
Excessive spending is one of those things that makes some business to completely collapse indefinitely.
 
According to my own point of view, as a business man, you are supposed to have schedule on how you spend money. You don't have to spend carelessly, any business man that doesn't not have schedule on how it spend, he will end up going bank rob
 
It's solid advice because quite often, people can get over-excited at the slightest whiff of money and start spending it as if it's going out of fashion the minute the profits start to roll in. These types of people don't think to reinvest any of the money or save some for a rainy day. That's why even some of the biggest chains are struggling during the pandemic - there's just no planning, no foresight!
 
That is a wise statement or slogan, wise spend take cognizance of unforeseen condition or situation, that may be harmful, permit me to put it this way, when you spend wisely you will never lack in other word, you continue to flow.
 
Spend wisely in the sense that every of your expenses should be recorded. When you don't record your expenses, there's a chance that you'll be eating into your profit and your capital which doesn't make sense and can get to the business eventually collapsing. So you have just have to spend wisely.
 
Spend money wisely is a slogan used not only by business personnel but everyone. If you don't know how to calculate your income and spend your money wisely you are likely to go into debt or bankruptcy. There are people that once they just make any money the next thing that comes to mind is how to spend it which is very wrong you should be able to save or invest money.
 
We advise business owner to spend wisely because the business might run down or he might go bankrupt if he/she doesn't spend wisely, and you must not spend anyhow while doing business cos you must be able to calculate your capital and also know your gain for the business to move forward.
 
This advice is not just for new business entrepreneurs, it is for everybody. The reason why you have heard this advice given to new entrepreneurs because it is very important that an enterprenuer spends money on things that would be worth more or have the tendency of been worth more in future ( it is important he or she makes good investments).
 
This slogan shouldn't have only be use in business it should be use in all ramifications cause if you don't spend wisely you are likely to be broke in the future. Don't lavish anyhow, let your spending be a calculated one.
 
All things considered, if the business is new, you must be cautious what you spend your cash on in light of the fact that it's significant. on the off chance that you spend more on specific things, you will not have cash for different things, etc. that is the thing that it's about.
 
That advice is to caution any business owner that spending recklessly can make the business fail. So a business owner must know how to be circumspect when spending and make sure he only spends if there is need to spend and not just any how.
 
I wonder who those people are giving advice to business owners to spend wisely? It looks like the other way around that the business owner would tell his customers to spend wisely especially if the business is a store where the customer has the urge to spend on whatever his eyes would see. That would be a good advice from the store owner. I grew up in a community with a home-based convenience store that the owner do not hesitate to advice the children to spend their money wisely. But never I have heard of people telling the store owner that slogan.
 
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