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This free online business workshop will help you determine the financial needs for your small business.
6 Biggest Money Mistakes Made by Small Business Owners When I started my own business six years ago, I knew there were some areas of entrepreneurship where I was going to need help—one of them being accounting. Money issues are one of the top reasons small businesses fail, so I made sure I did my research and found help. I asked my money guy,
5 Common Money Mistakes Small Businesses Make Plenty of factors can contribute to a business venture's demise. Sometimes it's a lack of consumer interest; other times it's a matter of bad marketing tactics. But perhaps the most deadly contributor to startup failure is not knowing how to manage your business finances.
Financial Projections Template Download this financial projections Excel template to calculate your startup expenses, payroll costs, sales forecast, cash flow, income statement, balance sheet, breakeven analysis, financial ratios, cost of goods sold, amortization and depreciation for your small business.
It’s been said the most common reason for business failure is undercapitalization. And even if your small business starts out with adequate capital, failing to manage your finances properly can hamper your growth and ultimately destroy your business. What are the most common financial
You’re planning for your business’s future—but what about your own? While small business owners put their companies’ finances first and foremost, too many of them ignore their own financial planning, a study from TD Ameritrade has found. TD Ameritrade’s Self-
Businesses can’t function without making money. So when you plan yours, you’ll have to think through the different ways that it will make money. And of course, you don’t want to just make money, you’d like to be profitable as well. That means you want to bring in more
Many small businesses have steady income, but there are always a few lean months. During tough times, it’s wise to cut back on spending wherever you can, because before you know it, you’re spending cash faster than you’re making it. And that’s a scary situation. Before
The reason you’re in business is to make money, but in order you to do that, you must know how much you’re spending, and set prices accordingly.  It’s simple – without knowing what you’re spending, you’ll never know if you’re running a successful
In my previous article What Drives Your Pricing? I wrote about the importance of understanding the total cost picture in order to develop and implement a strategic cost and pricing model. Here I want to elaborate on that and discuss the various categories of costs, how they influence the bottom

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