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What Is a Balance Sheet?

Up and Running

If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. In this article, I’ll review: The components of a balance sheet. Balance sheet examples.

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Why large companies acquire small companies

A Smart Bear: Startups and Marketing for Geeks

In terms of acquisition, they ask more specifically: “How can we trade balance sheet assets (cash, equity) in exchange for executing our strategy better?”. Even if this costs more than 2 years of in-house assembly, it’s still worth it, due to accelerating revenue growth due to up-sales and market-differentiation.

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Eight Accounting Tips For The Aspiring Entrepreneur

YoungUpstarts

Part of the path to building healthy balance sheets is excellent organisation, keeping track of your financial paperwork key to avoiding accountancy aggravation. With this in mind try to establish an organised system, filing away every facet of your business finances separately. Keep your accounts separate.

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The Entrepreneur’s Accounting Cheat Sheet

Up and Running

According to a study undertaken by the Small Business Administration , 28% of companies go bankrupt due to problems with the financial structure of the company. Keeping a record of your financial details IS important to the livelihood of your business.

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15 Ways A Brand New Small Business Can Look Established

YoungUpstarts

Here’s the bottom line: This affects anyone and everyone that comes in contact with your business and it’s a huge deal to your bottom line. Hire a professional, or at the least, use inexpensive design software like Tailor Brands to create a great logo yourself. Or reviews! You need reviews to look legitimate.

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The Key Elements of the Financial Plan

Up and Running

But whether you’re thinking of starting a business, expanding your current business, or just want to understand your current business better, there are a few key financial items that you should definitely include: Profit and loss statement. Balance sheet. and maybe some business ratios and/or a break-even analysis.

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How To Effectively Manage Business Costs

YoungUpstarts

We’ve read so much about companies and businesses going under due to poor financial management. How can one manage one’s business costs better? Understand what the difference between profit & loss, cashflow and balance sheet statements are.

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