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IntroductionRunning a successful business is no easy feat, and unfortunately, many businesses are forced to close their doors prematurely. However, with careful planning and strategic decision-making, you can increase your chances of avoiding business closure and achieving long-term success. In this article, we will explore some effective strategies that can help you sustain your business and navigate through challenging times.1. Diversify Your OfferingsOne of the key strategies to avoid business closure is to diversify your offerings. By expanding your product or service line, you can cater to a wider range of customers and reduce your reliance on a single revenue…