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Hardest Lessons Most Basic
The hard lessons come from not paying attention to basic items, such as having solid contracts with suppliers, doing credit checks on customers or performing due diligence on potential employees, say business owners. These are the issues that can play havoc with your bank balance and bring your company to its knees. By ignoring them, you’re guaranteed to have problem employees and no recourse against customers who don’t pay or suppliers who don’t deliver.
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