If you’re a small business owner in the state of Florida who has been impacted by hurricane Ian, this post is for you. Here, we’ll provide guidance, advice, and resources on how to organize your recovery effort from the storm and get your business back up and running. As a Miami-based business, we are committed to supporting local hurricane recovery for small business owners. This is one of the ways in which we hope to do so.
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There’s no getting around budgeting and cash flow forecasting if you want your business to succeed. Whether you’re just getting started or have been in business for many years, budgeting and cash flow forecasting are essential tools to help you understand your past performance, set realistic goals for the future, and make better decisions about how to allocate resources. Regardless of your company size or stage of development, budgeting is a critical exercise for proper financial and operational planning. In this blog post, we’ll discuss the benefits of budgeting for businesses of all sizes – from pre-revenue startups to rapidly growing small businesses to those preparing for an exit.
As your business grows, the metrics needed to successfully run operations change significantly. While it can be easy to singularly focus on driving profit, many owners overlook the simple fact that as business expands, there is more data being generated with valuable information and metrics that let you know what’s happening. This can be complicated …