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Power of a Fiscal Policy

  A fiscal policy is vitally important to start-ups trying to direct cash, businesses wanting to grow, or organizations trying to allocate resources effectively. It helps to direct allocations so that cash flow doesn’t become a hindrance to your business.   Cash Strategy Being able to quickly and efficiently direct unexpected cash that comes into your business is perhaps the biggest benefit of having a fiscal policy. It could go to marketing, hiring a new person, buying more equipment, paying off debt, bolstering a war chest, or any number of...

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Top 5 Favorite Business Books

E-Myth Revisited by Michael Gerber This book was monumental for forming the way I look at business. Michael Gerber sets out to identify exactly why so many businesses fail, and also why some have succeeded. He discussed McDonald’s and their process oriented way of producing burgers. Gerber also talks about beginning with the end in mind and goes on to discuss the importance of strategy in business.   Good to Great by Jim Collins Jim Collins delivers a synopsis of his team’s diligent work in identifying how some companies went from good...

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7 Most Requested Business Documents

  Is it time to create a profit and loss statement for the bank or investors? Need to send your first invoice? Or creating a general partnership agreement? Before you spend tons of time writing one from scratch, take a look at our templates. Our database has over 2,000 documents that are industry specific. Here are the seven most requested business documents: The Profit and Loss Statement Perhaps the most critical of financial documents, the purpose of a profit and loss statement is to show accurate incoming revenue and outgoing...

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5 Characteristics of Successful Smart Businesses

  Creating a successful, smart business can be challenging. There are many demands, deadlines, and directions that can stretch a business to the brink of extinction. IA Business Advisors has identified 5 characteristics of successful smart businesses. Characteristic #1: Solution Successful smart businesses provide a solution to the immediate needs of the user. Before beginning a business with a wonderful solution, make sure the target market has a big enough need to support the businesses revenue and profit goals. We recommend doing a market analysis and writing a business plan. Try...

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