YoungUpstarts

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[Review] Warren Buffett’s Management Secrets

YoungUpstarts

What few people know is that Buffett is not just a savvy investor but a great manager and business leader. Here, we’re told that the best companies to invest in and to work for are those with strong financials and balance sheets (as opposed to the touchy feely stuff like values, vision and so on).

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How To Effectively Manage Business Costs

YoungUpstarts

There is an old management adage which says that “you cannot manage what you cannot measure” This saying may be true in all parts of a company, but is especially pertinent in finance. We’ve read so much about companies and businesses going under due to poor financial management.

Cost 154
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The Hidden Costs Of Managing Bookkeeping On Your Own. Consider These Tips.

YoungUpstarts

When you start a business, you’re the CEO, marketer, customer service representative and human resources manager. You will bring the books to the trial balance stage where an accountant (or you) may prepare the income statement and balance sheet. by Dustin Ray of Incfile. You wear a lot of hats.

Cost 218
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Why Company Culture Is Vital for Every Remote Company

YoungUpstarts

The struggle of establishing a company’s identity (and, by extension, its culture) is even more real for remote companies: without the luxury of face-to-face communication, remote workers may grow disconnected and dissatisfied – and their sudden change of heart will forever remain a mystery to the company’s managers.

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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

What kinds of habits should an entrepreneur cultivate so that financial management is done in an ongoing manner? Michael Majeed: Financial management is crucial to the success of the business. Michael Majeed is a longtime financial services executive and consultant based in Toronto.

Finance 150
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4 Reasons Why You Should Have An Accounting Process In Your Business

YoungUpstarts

In the beginning stages of most startups, the founder is the manager, marketer, salesman, among other titles. Manages Cash Flow. The balance sheet, income statement and cash flow statement are the most common statements that are prepared from your accounting system. by Krystal Russell, CPA at LYFE Accounting.

CPA 100
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Revenue Recognition’s Effect On M&A

YoungUpstarts

by Jacqueline Pruscha, Audit Manager at Sensiba San Filippo. Another theme running through the changes is to de-emphasize specific technical rules and transition to a model that emphasizes management judgment and expanding disclosure. standards with international guidance. You can reach Jacqueline at jpruscha@ssfllp.com.