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

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Virtual CFO | Calculating The Breakeven Point In Business

Jan 20, 2020 | Virtual CFO

In order to help entrepreneurs understand their business finances, virtual CFO says that they should understand how to read their financial statements of the business. The reason why is because by understanding their financial statement, can significantly help them...

Virtual CFO | Calculating Margin And Breakeven Points

Jan 20, 2020 | Virtual CFO

When entrepreneurs first get into business for themselves, many lack business ownership experience says virtual CFO. This makes it very difficult for them to understand everything that they need to do in order to run a successful business. In fact, the company Intuit...

Avoiding Running Out Of Money In Business | Virtual CFO

Jan 20, 2020 | Virtual CFO

When entrepreneurs financially struggle in business, virtual CFO says it puts them at a large disadvantage, and they could even go out of business by not understanding the finances of their business. The company that makes accounting software QuickBooks, Intuit did a...

Virtual CFO | Learning How To Understand Business Finances

Jan 20, 2020 | Virtual CFO

Early on in business ownership, virtual CFO says that entrepreneurs need to learn how to read their financial statements of their business. The reason why is so that they can make more informed financial decisions about their business. If entrepreneurs and business...

Virtual CFO | Why Understanding Profit And Loss Is Important

Jan 20, 2020 | Virtual CFO

One of the reasons why many entrepreneurs have a minimal understanding of their business finances says virtual CFO, is because they got into business ownership because they were passionate about the product or service that they were offering, and not because they had...