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5 Ways to Improve Your Business Financial Management

Up and Running

Ongoing financial planning and forecasting are critical for business growth. By doing so, you’ll have more consistent control over budgets and expenses while also devoting more time to your company’s more mission-critical, revenue-generating tasks. Regardless of which method you choose, it’s important to stick with it.

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Is the Lean Startup Dead?

Steve Blank

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

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7 Ways to Improve the Financial Management of Your Business

The Startup Magazine

Business owners must deeply understand their company’s financial health, track their expenses and revenues, and adjust accordingly. It could be anything from increasing your revenue to reducing your expenses. Your financial plan should include a detailed budget outlining your expenses and revenues. Unsurprisingly, 97.2%

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A step-by-step guide to HR outsourcing

The Startup Magazine

Human resource outsourcing allows you to better forecast your business expenses due to pre-determined pricing. A blunder could result in a lawsuit or a bad hire, resulting in thousands of dollars in penalties or lost revenue. Laws governing minimum pay and working hours. Laws governing family and medical leave.

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Five Categories with Corona Tailwinds

View from Seed

The National Restaurant Association forecasts sales declines of $225 billion over the next three months. In the face of plummeting revenues, restaurants are being forced to lay off workers to reduce costs, as they are still responsible for ongoing costs like rent and taxes.

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Four Trends In Artificial Intelligence That Affect Enterprises

YoungUpstarts

Closer to home in Singapore, the government, through the National Research Foundation (NRF) will be investing up to S$150 million into a new national programme aimed at boosting the nation’s artificial intelligence (AI) capabilities over the next five years.

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10 Rosh Hashanah Resolutions for Startup Founders

VC Cafe

For more about forecasting growth in these uncertain times, check out Sequoia’s “ Adapting to Endure ” presentations published in May 2022. A founder should know (more or less) what milestones she can achieve with the current round (in terms of product, revenue, etc).

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