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All In Or Out? How Business Owners Can Deal With COVID’S Cloudy Future

YoungUpstarts

As the coronavirus pandemic continues, small businesses have reopened across the nation but certainty and optimism are a long way from being restored. Many small business owners are in their 60s and 70s, and they’re tired and beat up. We are in the early stages of a depression that’s going to go on quite a while.

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What a CFO Can Do For Your Agency

Duct Tape Marketing

In this episode, Jason and I dive into the importance of financial guidance for agencies and what small businesses are missing when they don’t have a CFO. 8:16] Are there things that you find that are just unique to the creative businesses from an accounting standpoint? [11:02]

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The Key Elements of the Financial Plan

Up and Running

But whether you’re thinking of starting a business, expanding your current business, or just want to understand your current business better, there are a few key financial items that you should definitely include: Profit and loss statement. Sales forecast. Cash flow statement. Balance sheet. Personnel plan.

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How I Started, Grew & Sold An E-commerce Business For Quarter Million Dollars ($250,000)

Entrepreneurs-Journey.com by Yaro Starak

One of those ventures was the creation, establishment, growth and sale of an e-commerce business. The realization of my idea started on an international trip when I was working as a consultant in mergers and acquisitions. My business concept was one based on volume (sales), and not product margin (profit per item sold).

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