As a business owner, debt is a normal part of your life. Learning how to manage debt, though, begins by learning how to manage business loans. This way, you can stay on top of your debt, and grow your business, in a way that works for you. In this article, we will cover: The importance…
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Federal business taxes are a key part of being a business owner. In fact, understanding your federal business tax implications can also help make sense of your business’ performance, while also assessing any tax breaks or credits you may be qualified to receive. In this article, we will discuss: The basics of federal business taxesThings…
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The key to success in business starts with your finances. So, how do small businesses keep track of their money? In this article, we will dive into the methods, practices, and some common tips that you can use to effectively monitor your money. After reading, you will have learned: How different businesses manage their money.The…
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The budget you set for your business is key for long-term success, on so many levels. As you run your business, it can be easy to focus too much on the day-to-day issues and lose sight of what really matters: your long-term goals and objectives. At this point, it might feel as though your budget…
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When it comes to revenue forecasting, it’s all about your business. Not only the future of your business, but exactly where you work, you industry you work in, and what you end up providing consumers/clients. In order to prepare an accurate budget, which is like the yearlong strategy for your business, you need to develop…
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Many business owners wonder if a FICO score applies to them. Let’s get started with the basics - what is a FICO score? Essentially, it’s a score which determines your credit risk and candidacy in the eyes of various lenders. Today, we’ll dive into the world of FICO scores, how they are determined, and the…
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