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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Yet, in my experience as a small business advisor, they consistently tend to under-estimate or overlook a wealth of other costs that every business faces: Taxes and insurance payments. You find that you need to be near major customers, or employee transportation hubs, where rents are higher than you ever anticipated.

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What fractional CMOs can do for small businesses

Duct Tape Marketing

What fractional CMOs can do for small businesses written by Editor read more at Duct Tape Marketing. Want to grow your business and position your brand for success? But with an average annual salary of over $330,000 many small to mid-sized businesses can’t easily afford a CMO.

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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

Sudden payment of unaccrued tax, bonus, or commission liabilities (this is a common bookkeeping and forecasting error for small businesses.). For example, a rapidly growing business is often purchasing lots of inventory, investing in fixed assets, and not managing their accounts receivable. Stop founder salaries.

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7 Tax Planning Strategies for Small Businesses

The Startup Magazine

As tax filing season approaches, small business owners start to panic. After all, navigating through State, Federal, income, corporate, and sales taxes is no cakewalk. Small business tax planning is a crucial task to get right from the beginning. Does your business provide health insurance?

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Potential Pain Points When Starting a Small Business

Up and Running

These already successful business owners have put everything they can into growing their idea: life savings, loans from family members, income from their day job, and so on. But, they’re still in need of more capital to turn their business into something from which they can see free cash flow. Employee taxes. Travel expenses.

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Four cash flow tips to boost small business

NZ Entrepreneur

With around 8,000 small enterprises with staff (between 1-19 employees) established each year, small businesses account for 97 percent of all enterprises in this country. With only half of all small businesses surviving beyond five years, business owners face some serious challenges when venturing out on their own.

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5 Cost-Cutting Strategies That May Cause You to Spend More

Up and Running

This can place a heavy strain on small businesses that don’t have a regular stream of customers yet. When paying employees becomes too expensive, many companies either lay people off or keep their workers but reduce salaries. Instead of reducing salaries, think about changing your payment structure. Think about it.

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