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Starting a business? When to scrimp vs. splurge

from Entrepreneur

James DiSabatino was the quintessential bootstrapper. In 2011, he used all his savings — plus a $20,000 loan from Dad — to start Roxy's Grilled Cheese, the first food truck to park on city property in Boston. Aside from the fee to form a limited liability company (LLC), his main startup cost was the 12-year-old hot dog truck he bought for $45,000. "I spent every last dime just on the truck itself," DiSabatino says of the mobile kitchen he initially used to cook and sell the gourmet sandwiches and sides that put his business on the map. There was no publicist, slick website or grand-opening event more

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