Small Business Force

FEBRUARY 21, 2014

This doesn't mean you have to become a CPA or go take a boatload of accounting courses, but, at least, learn to understand what's in a basic income statement and balance sheet and what they mean. If it was a manufacturing business, cost of goods sold (COGS) were critical. If it was a distribution business, shipping costs were critical.

Finance 37

Finance Management Forecast Entrepreneur 37

Up and Running

MAY 28, 2015

Magda, the new business owner, knows this deli office park business, so she knows more or less to educated guess what it’s going to cost her for each cup of coffee, for each lunch. In the business offering, features and benefits, launches, versions, sourcing, cost, in admin and finance, are we raising money? Are we recruiting?

Lean 60

Lean Business Plan Video Software Review 60

Up and Running

FEBRUARY 9, 2015

Most people who bootstrap their business do it on their personal credit card and if yours are maxed out from the day you start your business you’re going nowhere fast. That should be six to nine months of salary. Now what are your basic startup costs? All right, so what do you need to have in place personally?

Social Media 60

Social Media Small Business Software Review Technical Review 60