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guide

How To Make Residual Income

Residual income, also known as passive income, is one of the most popular ways to make a living or supplement…

What Is a Cash Flow Statement?

A cash flow statement is a financial statement that shows how much money is going in and out of your…

Small Business Balance Sheet Tips

Basics of Small Business Balance Sheets As a small business owner, you're probably not an amateur at keeping track of…

What Is Accounts Receivable?

What Is Accounts Receivable and Why Does it Matter to Your Business So, what is accounts receivable, and why does…

Discounted Cash Flow (DCF): Formula, Examples and Pros & Cons

The discounted cash flow (DCF) approach is a powerful tool that can help you understand the true value of a…

Understanding the Format of a Business Letter

Key Takeaways A business letter has seven main parts, including the sender’s and recipient’s addresses, the date, a greeting, the…

Ways To Make Money Online

Identify Ideas and Ways to Make Money Online  Making money starts with knowing what’s out there. The key to success…

How To Create Great Customers Service at Your Small Business

Learning how to deliver superb small business customer service can help you keep your customers happy, sail through mistakes without…

How To Create Realistic Business Forecasts for Your Business

Business forecasts are an essential planning tool for small business owners and they are usually required by potential lenders and…

A Pocket Dictionary of Financial Words for Small Business Owners

Since 2019, 63% of businesses have seen a decrease in their revenue. So, if you’re focusing on keeping your business…

The Small Business Owner’s Guide to Motivating Employees

In order to get results and motivate employees to help you grow your small business, you need to set some goals…