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What Is a Balance Sheet?

Up and Running

If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. Now that we’ve had a general overview of the balance sheet, let’s take a deeper look at the information a balance sheet should include.

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5 Ways to Improve Your Business Financial Management

Up and Running

Now, managing and analyzing your business finances doesn’t have to be a frustrating process. In fact, by proactively looking for improvements, you can set yourself up for more effective and fruitful financial management. Here are a few tips to help you better manage your business finances. Consult an accountant.

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Praying to the God of Valuation

Both Sides of the Table

How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. What happened? People were building.

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How To Start a Dry Carpet Cleaning Service

The Startup Magazine

This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more. Conducting Market Research An integral part of your journey should be conducting extensive market research.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. We’re going to start aggressively spend money on marketing our product. We want a strong balance sheet (um, ok.

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How Plan Vs Actual Comparison Helps You Manage Your Business

Up and Running

Planning is not just about the plan — it’s about the management. And plan vs. actual analysis, also called variance analysis, is essential to better business management. And planning means tracking the actual results , comparing them to the original plan, and managing the difference. What is plan vs actual? Was it worth it?

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Wow! Are your relationships important!

Berkonomics

This is the time to elevate those insights to the level of highest value for the corporation, one that cannot be listed on a balance sheet nor included in an appraisal of corporate worth. 15% typically is spent on direct management issues such as supervision of next level subordinates.