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Cash Flow

Up and Running

Broadly speaking, businesses bring in money through sales, financing, and returns on investments—that’s cash flowing in. The other two, an income statement (also known as a profit and loss statement ) and a balance sheet , complement the cash flow statement and help you see a full picture of your business’s finances. .

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4 Reasons Why You Should Have An Accounting Process In Your Business

YoungUpstarts

by Krystal Russell, CPA at LYFE Accounting. With accounting, you can properly track your company’s sales, expenses, profits and cash flows. If you are not able to set this up, hire a Certified Public Accountant (CPA) to help you through the process. Apart of being a successful entrepreneur is wearing many different hats.

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Fortifying Profits: Strategies to Shield Your Business from Embezzlement

Duct Tape Marketing

06:10] Can a stop gap measure like hiring an external CFO act as a deterrent to embezzlement? [08:29] 17:55] Could you outline what a typical engagement entails when hiring a fractional CMO? [19:55] [03:08] What is employee dishonesty insurance? [04:25] 16:22]What guidelines do you have concerning labor and productivity costs? [17:55]

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How to Become Your Own Boss in 2015 (Webinar Recap)

Up and Running

Those of you that have had the opportunity to go to college, I am quite sure that you probably know someone who is a CPA and someone who is a lawyer and you want to add those two people to this kitchen cabinet as well because you need professional advice. The number one job you’re going to have is as a sales and marketing guru.

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Valuation: Is Your Small Business as Priceless as You Think?

Up and Running

Perhaps you’re preparing for retirement or for a transition to a new owner —whether it involves a single private owner or a sale to employees. Buyers and sellers don’t always agree on what’s valuable and what isn’t, which is why hiring a valuation consultant or a CPA who has experience valuing businesses is a good idea.