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4 Reasons Why You Should Have An Accounting Process In Your Business

YoungUpstarts

by Krystal Russell, CPA at LYFE Accounting. In the beginning stages of most startups, the founder is the manager, marketer, salesman, among other titles. If you are not able to set this up, hire a Certified Public Accountant (CPA) to help you through the process. Included in this list is the role of accountant.

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Fortifying Profits: Strategies to Shield Your Business from Embezzlement

Duct Tape Marketing

Fortifying Profits: Strategies to Shield Your Business from Embezzlement written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Janstch In this episode of the Duct Tape Marketing Podcast, I interviewed Todd Rammler, president and founder of Michigan CFO Associates.

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The Hidden Costs Of Managing Bookkeeping On Your Own. Consider These Tips.

YoungUpstarts

When you start a business, you’re the CEO, marketer, customer service representative and human resources manager. You will bring the books to the trial balance stage where an accountant (or you) may prepare the income statement and balance sheet. by Dustin Ray of Incfile. You wear a lot of hats.

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10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

Nowadays it can be short—perhaps even a lean business plan —but banks still want that standard summary of company, product, market, team, and financials. The balance sheet has to list all your business assets, liabilities and capital, and the latest balance sheet is the most important.

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Valuation: Is Your Small Business as Priceless as You Think?

Up and Running

Buyers and sellers don’t always agree on what’s valuable and what isn’t, which is why hiring a valuation consultant or a CPA who has experience valuing businesses is a good idea. Unfortunately, many founders find it difficult to swallow the realities of the market for buying and selling small businesses. Talk to your CPA.

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A Simpler Plan for Startups

Up and Running

For a simple business plan example, imagine a woman making jewelry at home and selling it at a local flea market on the weekend. She might not need to create detailed cash flow , balance sheet , and business ratios. Do you really know your market? A simple business plan example. That’s where a plan helps.

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Getting an Education Through Content Creation

Duct Tape Marketing

Getting an Education Through Content Creation This content from: Duct Tape Marketing. Many business owners, and certainly most marketers, have succumbed to the need to consistently product high quality, education based content as the foundation of their marketing efforts. Granted they do a lot of it.). So what do I do?