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- May 27
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Don’t Shortchange Yourself: Entrepreneur’s Pay
Being in business means taking a lot of risks, especially financially, and as an entrepreneur, you deserve to be rewarded for those risks. Your pay is just one of the many benefits of your self-employment. But it’s not like the pay you get as an employee, there is more to just picking a number for salary.
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- May 19
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Analyzing Your Profit and Loss Statement
This is the first report you should be reviewing every month and comparing it to last month and last year. Once your books are reconciled this report can give you good information to make future decisions. Your profit and loss statement reports the total income of your business minus the expenses. It gives you a baseline of the health of your business.
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- May 12
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What KPIs Should I Measure?
The key performance indicators (KPIs) you should be looking at depend on your specific goals and objectives. KPIs are metrics that help you measure progress towards your goals, and they can vary widely depending on the industry, company size, and type of business.
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- May 05
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6 Ideas to Put the Spring into Your Spring Revenue
While spring brings a change in the weather for most locations, it also brings a number of opportunities to refresh your products and services. Spring is a great time to boost your marketing campaigns so that you can boost your business revenues.
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- Apr 28
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The When and How of Firing a Client
Everyone knows how important it is for a business to maintain best practices for company finances. While faults in customer service or marketing can hinder your business, accounting mistakes can stunt your growth and leave your company struggling to survive.
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- Apr 20
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6 Key Strategies to Keep Your Business on Track
Everyone knows how important it is for a business to maintain best practices for company finances. While faults in customer service or marketing can hinder your business, accounting mistakes can stunt your growth and leave your company struggling to survive.
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- Apr 13
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The Most Common Misunderstanding About Your Financials
Tax time is a stressful time for everyone, not just tax preparers. We talk with many business owners, and the most significant pain point they have is why the financial information doesn’t match what they think it should. If this is you, you are not alone.
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- Apr 07
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Have You Ever Thrown Good Money After Bad Money?
As business owners, we’d like to think that we make rational, logical decisions when it comes to our business finances. However, scientists have discovered that we have built-in biases in our brains and our thinking processes, and one of these biases is the sunk cost bias.
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- Mar 30
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Do You Need More than a Business Checking Account?
If you have accumulated more money in your business checking account than you really need for daily operating expenses, that is a nice problem to have! It’s time to consider putting that money to work by setting up funding for emergencies and taxes. A business savings account might be your answer.
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- Mar 22
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How to Delegate with Confidence
Delegation is one of the most important skills an entrepreneur can have. Learn how to delegate with confidence so you can be prepared for your business to grow!
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