What Is Revenue Forecasting? Projecting and forecasting your revenues are one of the most essential parts of budgeting. The foundation of your budget is the proper assessment of your core revenue stream. The sale of assets or profits from investments …
How to Forecast Revenues for Future Business Planning Read More »
The payroll process is one of the most important functions of a business and when done correctly can avoid legal implications for the business. It can get complex and there are a few common areas where companies can make mistakes. …
What is the employee retention tax credit? The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act was an economic stimulus package passed in March 2020 in the United States in response to the economic fallout …
In December 2020, a second stimulus bill was passed to make additional PPP loans available to those who did not receive a loan the first time and for those that needed another loan. If you are interested in applying for …
Many businesses fail before they complete five years and have the chance to achieve key business milestones. The reasons that these businesses fail are varied from market trends working against them to unfortunate economic changes to reasons completely outside their …
Milestones of Business Growth and Why They Matter Read More »
Now that you have successfully got your business up and running, it’s time to consider if you’ve covered all your bases. A lot of businesses fail to predict and prepare for emergencies and unexpected expenses. If you are a fairly …
A large number of businesses fail during their first year of operation due to lack of funding. The journey from a brilliant business idea to a revenue-generating business needs to be fueled by capital. Entrepreneurs are often looking for ways …
Fractional accounting is not a new concept. It can be seen as a customizable expansion of outsourced bookkeeping. According to the needs and budget of your company, you hire the services of experienced finance professionals. So is a fractional accounting …
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Reaching the $1MM business revenue milestone is an achievement in itself which proves that you have a sustainable business model and have beaten the odds. Up to 30% of small businesses may fail within the first year and 50% within …
How to Successfully Navigate the $1MM Business Revenue Milestone Read More »
Small businesses are often hesitant to hire new employees even when they need to expand their workforce. The true cost of hiring a new employee is more than just their salary so such decisions shouldn’t be taken lightly. In order …
What Every Business Owner Needs to Know About the True Cost of Hiring an Employee Read More »
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