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

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Virtual CFO | Differences Between General And Direct Expenses

It is extremely important for entrepreneurs to be able to understand business financial literacy early on in their entrepreneurship says virtual CFO. The reason why is by learning how to understand business literacy including the difference between general and direct...

Virtual CFO | How An Entrepreneur Can Calculate Gross Margin

Learning how to calculate gross margin is extremely important to entrepreneurs says virtual CFO. The reason why is that entrepreneurs can understand how much money they need to make in their business to cover their overhead expenses. Since half of all entrepreneurs...

Virtual CFO | Understanding Revenue Accounts

Understanding the revenue in their business is extremely important to helping entrepreneurs make informed financial decisions says virtual CFO. Many entrepreneurs getting into business for the first time lack basic financial literacy in their business, and that can...

Virtual CFO | Revenue Accounts And Expenses In Business

When entrepreneurs are unable to understand their business finances says virtual CFO, they are at a big disadvantage for being able to make the right decisions that can help their business grow. In fact, the company that makes accounting software QuickBooks did a...

Virtual CFO | Revenue And Expenses Demystified

When entrepreneurs first get into business, they get into business because they love the industry that their business is in says virtual CFO. But being good at what their business does, does not necessarily mean that they are good at running that business. This is a...

Virtual CFO | Learning How To Breakeven In Business

Many entrepreneurs struggle with understanding their business finances says virtual CFO, which actually ends up causing them to make financial decisions that unintentionally harm their business. In fact, into it, who is the maker of accounting software QuickBooks...