Remove Balance Sheet Remove Forecast Remove Hiring Remove Technical Review
article thumbnail

Female Founder Interview: Author and Business Leader Martha Razo

The Startup Magazine

Furthermore, data and numbers give business owners insight into solving problems and posting the right questions to develop strategies to be competitive, expand, and forecasts to prevent even losses and possible errors. For instance, how many employees should I hire this year? Hiring others? How many salespeople do I need?

Founder 164
article thumbnail

How to Write a Business Plan for a Cannabis Company

Up and Running

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . The global market for CBD oils is expanding due to their medical efficacy. A number of cannabis tech companies have also begun to take advantage of the opportunity in the marketplace. Technology. Hiring plans.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Working Capital vs. Cash Flow: The Differences and How to Better Manage Them

Up and Running

A strong accounting strategy includes things such as preparing a cash flow forecast—which is made easier by using an accounting tool that comes with crucial features like financial statements and automated bank reconciliation. What is working capital? How does cash flow and working capital differ? Keep track of your financial health.

article thumbnail

How to Write a Business Plan for an Outpatient Medical Practice

Up and Running

Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. If you’ve never written a business plan before, Bplans also offers a library of sample medical business plans that you can review or even download to use as a model. Encourage your patients to review you online, too.

article thumbnail

How to Write a Business Plan: Use This Checklist to Keep Yourself on Task

Up and Running

Outline your management team and any people you want to hire to help you launch your business. Review your results (you will likely do this throughout the life of your business). Review your financial performance if you’re already up and running. Build a sales forecast. Build a cash flow forecast. What won’t work?

article thumbnail

The Real Reason You Should Audition for Shark Tank

Up and Running

Execution : This section of your plan should include your marketing and sales plans and functional or operational details the technology or tools you’ll use to run your business. Use this section to describe your current to and outline the roles that you plan to hire. Perfect your pitch.

article thumbnail

Fortifying Profits: Strategies to Shield Your Business from Embezzlement

Duct Tape Marketing

06:10] Can a stop gap measure like hiring an external CFO act as a deterrent to embezzlement? [08:29] 17:55] Could you outline what a typical engagement entails when hiring a fractional CMO? [19:55] Click on over and give us a review on iTunes, please! [03:08] What is employee dishonesty insurance? [04:25]