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11 tips for reducing costs in small business

NZ Entrepreneur

With inflation reaching a 30-year high, small businesses across the country will be looking for ways to reduce costs amid cost of living and rising price pressures. The best starting place is to consider your key cost centres, such as purchasing, sales, finance, and administration, for example. Insights from the team at MYOB.

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Extremely Valuable Tips for Creating a Financial Forecast During the Early Stages of an Entrepreneurial Journey

Up and Running

Creating financial forecasts and budgets are not typically how many entrepreneurs envision spending their time, but these tools are incredibly necessary. An accurate and thoughtful forecast can be time-consuming, but it will help you to make informed decisions regarding staffing and growth, and it will help you attract investors.

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14 Entrepreneurs Share Their Views on Writing a Business Plan or Not

Hearpreneur

Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. As a dynamic document, it remains rooted in your business's core objectives while flexibly responding to change. Thanks to Steven Light, Avenue B ! #8-

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14 Tips for Starting a Successful Business

Up and Running

Not to mention the mental and emotional impact of being an entrepreneur. As you begin your startup journey—consider the following tips to set your business up for success. Download our free Startup Checklist and review the complete guide for starting a small business. Be passionate about your business idea.

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10 Entrepreneurs Reveal The Economic Outlook of Their Industry

Hearpreneur

The pandemic-induced disruptions have spurred innovation and accelerated digital transformation, leading to the emergence of new business models and opportunities. In this article, entrepreneurs from various industries share their economic outlook, offering valuable insights into the current business landscape. #1-

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Eight Accounting Tips For The Aspiring Entrepreneur

YoungUpstarts

Behind every successful entrepreneur is an excellent accountant – a natural number cruncher carrying a passion for payroll. With their assorted accountancy knowledge they help keep businesses afloat, but unfortunately like everything in life their expertise comes at price. By Mark James, Crunch.

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How to Get a Small Business Loan

Up and Running

There is nothing quite so exciting to an entrepreneur as starting a new business venture or expanding an existing one. Following your passion and knowing that the success or failure of your business is on your shoulders alone is a great way to start each and every day. Determining Your Needs and Approaching the Bank.