Monitoring performance of your products or services is vital to provide you with the business intelligence you need. It enables you to evaluate how successful you are, where you need to improve and what challenges you face. It’s not just about the bottom line. You won’t even have a bottom line if you don’t measure […]
Small business owners and successful entrepreneurs know that maintaining a positive cash flow can make or break a company. According to a recent survey conducted by Visa, cash flow is the key concern for new entrepreneurs starting a business, or existing small business owners trying to stay in business. Having enough money to manage a business […]
Generating accurate and reliable financial forecasting, particularly for your small business, can be very challenging and often takes a bit of magic. Most often, the process takes “hoping’ and “guessing” that what is projected going to be accurate. The following are several ways for small-business owners who want to come up with reliable financial projections: […]
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