Browsing Tag
profit and loss
9 posts
How to Boost Your Startup’s Profitability with This Old Improv Trick
Where does revenue come from? And how can we make more of it? When you’re building a business, everything comes down to these two questions. The more specifically you can answer the first, the more...
In a Financial Rut? Here’s How 3 Creative Business Owners Mastered Money
Do you dislike dealing with the financial side of running your business? You’re not alone. Many entrepreneurs go into business to do something they are good at, or to fill a creative void. Spending time...
5 Productivity Tips to Prepare for a Summer Slump
If you stop to think about it, is your business cyclical? Do you have some months or times of year where business is booming, and others where it all but grinds to a halt? For...
4 Things You Need to Know Before Applying for Your First Business Loan
You had an idea and you turned that idea into a new business. Congratulations! But as you work to get your dream off the ground or grow in new areas, you find yourself in need...
Why It’s Important to Keep Your Business Plan Flexible
Having a business plan was once thought to be the roadmap to entrepreneurial success. Its purpose; to lay everything out on the table, including what your company does, its objective and goals, how to market...
4 Budget-Friendly Accounting Tools for Entrepreneurs
Small business accounting tools can be a lifesaver for all entrepreneurs. Let’s be honest: accounting and bookkeeping are not only the most tedious task for owners, but it’s also your least favorite task. So, if...
How to Tackle the Financial Portion of a Business Plan
If you’ve ever drafted a traditional business plan or a lean startup plan, you know that it’s highly important to outline your startup’s finances. Traditional business plans require financial projections (what the cash flow looks...
What Cloud Accounting Software is Right for My Business?
Before the arrival of cloud accounting, software options were traditionally rather cumbersome and generally more suited to larger organizations. This type of software makes it easier for entrepreneurs to manage their finances, however, and lets...
Stay on Top of Business with This 10 Step Checklist for Your Startup
For entrepreneurs, July is a great time to assess how the year is shaping up, make adjustments that boost revenue or reduce expenses and take advantage of new opportunities. But how do you get started...