Category: Using the Numbers
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Mid-Year Financial Check-Up: Ensuring Financial Health
Introduction Conducting a mid-year financial check-up is essential for your business’s financial health. This process helps assess performance, find cost savings, and plan future goals. Reviewing your finances mid-year allows you to make necessary adjustments and stay on track to meet end-of-year objectives. A thorough financial check-up examines various financial aspects, including revenue, expenses, cash…
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Debt vs Equity Financing: Which is Right for Your Business?
Achieving positive cash flow is one element of financial freedom. As a small or mid-size business owner, achieving positive cash flow can be a challenging task, especially in uncertain times like we have experienced in the past two years. However, with a solid plan and focused execution, you can ensure your business achieves positive cash…
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Gain Financial Freedom
The story about Tom – I was in a conversation with Tom about what he wants from his business. We were getting into what the business will look like three years from now, and what was slowing him down. Tom is the CEO of a design and manufacturing company for precision vehicles, If you are…