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E-Myth – “Why most small businesses don’t work & what to do about it”

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Virtual CFO | Understanding Profit And Expenses

Jan 20, 2020 | Virtual CFO

If entrepreneurs are struggling to understand their business finances says virtual CFO, they stand a greater chance of failing in business. As Warren Buffett has famously said, accounting is the language of business. And 82% of entrepreneurs who were quizzed on basic...

Virtual CFO | Understanding Revenue And Expense Accounts

Jan 20, 2020 | Virtual CFO

One of the biggest struggles that many entrepreneurs face in their entrepreneurship says virtual CFO is understanding their business finances. Intuitís, the makers of QuickBooks and did a survey of small business owners, in order to gauge how much they knew but their...

Virtual CFO | Learning About Expenses And Profit In Business

Jan 20, 2020 | Virtual CFO

If entrepreneurs are not comfortable understanding their business finances says virtual CFO, they can negatively impact their business. In fact, the makers of accounting software QuickBooks, Intuit did a survey of several small businesses in order to learn how well...

Virtual CFO | Figuring Out The Breakeven Point In Business

Jan 20, 2020 | Virtual CFO

It is a significant problem that many entrepreneurs have no prior business ownership experience says virtual CFO. The reason why is because when entrepreneurs lack business ownership experience, they often do not understand their business finances. In fact, into it,...

Virtual CFO | Understanding Expenses And Revenue

Jan 20, 2020 | Virtual CFO

One of the most important things that an entrepreneur can do, is learning how to be more financially literate says virtual CFO. The reason why, is because the more financially literate a business owner can be, the higher the chance of making decisions that can...