Building a Business? Get a Financial Forecast Instead of a Budget
Your business—your dream—is up and running! The word is out. You have customers. Your products and services are special, and they are meeting the needs of your customer base. Congratulations! Maybe you have an accountant by now, or maybe you are doing your own accounting using either Quickbooks or Xero (both good choices). Accounting is important to stay compliant and to know how your business performed in key financial metrics, like revenue, profit, cash, and earnings. You'll want to be sure to stay on top of your accounting and get monthly reports from your bookkeeper. You might also have a…
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