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Key Performance Indicators to Track for Success

  • How key performance indicators can help you evaluate your business and guide your decisions
  • Different types of KPIs, and whether the indicators are leading or lagging
  • Net Profit, Customer Acquisition Cost, Lifetime Customer Value, and more
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The Importance of Cash Flow and How to Calculate It

  • While entrepreneurs often focus on profitability, cash flow is arguably the more important consideration
  • The benefits of tracking how money is coming into your business and how it is being spent
  • Calculations involved in calculating and predicting cash flow
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Housing Your Startup: Home, Garage, Rent, or Purchase?

  • Some businesses can be started up at the home, while others necessitate a commercial space
  • Understanding factors such as zoning rules, tax laws, and practicality when deciding whether to run a business out of the home
  • When it makes more sense to purchase a space rather than rent one
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What Insurances Are Needed to Start a Business?

  • Any business is subject to risks that could wipe it out if adequate protections are not in place
  • The different types of business insurance available, and how to decide which one is right for you
  • Special considerations for business interruptions and home-based businesses
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Gust.com: An Investor and Investment Ecosystem

  • A service describing itself as the world’s largest community of investors and early stage investors
  • Online tools for entrepreneurs to start, run, and raise funds for their companies
  • Creating a free profile and getting started
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Want Higher Profits? Keep Your Employees Happy

  • Research shows that companies that in their employees and workplace post better profits than those that don’t
  • Fair pay and benefits, an open leadership model, and other strategies to improve your company culture
  • Ensuring that your employees are engaged with their work is also a crucial factor
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Options For Paying Your Employees When You Can’t Make Payroll

  • Employers are required by law to pay their employees, but unexpected circumstances may leave you with too little cash to make payroll
  • Communicating the situation is essential, after which you can pursue one of several potential solutions
  • An inability to meet payroll may be a warning sign that you need to make changes to your business strategy
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Free Bookkeeping Software for Small Business

  • Keeping track of your business expenses and income is crucial for assessing your business strategy and profitability
  • Several free online tools are available to business owners
  • Help forecast future cash flows, track down late payments, and turn the tedious task of getting paid into something much easier
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