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Category: Finance

compass giving direction to the business
Articles

The Significance of Budgeting for a New Business

Maintaining Financial Stability and Achieving Success Creating and implementing a budget is a crucial aspect of running a new business. It serves as a roadmap for financial stability and success by helping entrepreneurs set realistic financial goals, manage cash flow, control expenses, make informed decisions, and stay on track. This

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Access Finances
Finance

Access your finances for a successful Business

“Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1. Warren Buffett When starting a new business, assessing your finances is a crucial step that can greatly impact your venture’s success. Here are some key points to consider: 1. Evaluate your personal financial situation: Begin by

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Cash flow savvy guy
Finance

Cashflow is sanity, turnover is vanity

When doing your cashflow too much detail is never enough, every little item counts. Every expence, and form of income counts. From a little as the cost of bin liners to fuel usage, rent or replacing a vacuum cleaner bag. The little things add up and are more often overlooked.

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Financial Planning
Finance

Getting Into The Financial Planning For Your Business

When starting a new business, analyzing finances is indeed a critical part of the process. Proper financial analysis helps you understand the feasibility and profitability of your business idea, allows you to make informed decisions, and ensures the long-term success of your venture. Here are some advice and suggestions for

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Business Model Canvas

While there is no strict order that you must follow when using the Business Model Canvas, it is generally beneficial to consider the building blocks

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