<ul><li>Businesses often focus on controlling expenses without realizing the missed opportunities and potential earnings they are losing.</li><li>Understanding the lifetime value of customers enables businesses to play the long game and invest more upfront to secure long-term profits.</li><li>Rethinking payment models, such as getting paid upfront or implementing pre-order systems, can improve cash flow and enhance the customer experience.</li><li>Utilizing arbitrage by borrowing money at a lower interest rate and investing it in high-return activities can boost profits without taking on excessive risks.</li><li>Collaborating with other businesses through partnerships, joint ventures, and co-branding opportunities can expand market reach and accelerate growth.</li></ul>

Smart Financial Moves Every Business Should Know

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