When first starting your own business, finances will be tight. Depending on the
business, you can expect to be in the red for the first 3-5 years before showing a
profit. Phasing in a new business while continuing with your current occupation will
allow you to avoid the "hard times" and when your new income matches your prior
income, then you can quit your day job.

If finances are an issue for you and your family, here are some money saving
strategies to help you through.

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