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Explain the business and personal finances

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Through completing this week's reading and activities, how important is it to a small business owner to understand the financial management of their business and personal finances? Is it vital to the success and well-being of the company? If so, why, and how does a business owner need to know about finance? If not, why (i.e., it may be possible to hire someone with financial experience).

Reference no: EM133175946

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