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What Is Cash Flow? Metrics in a Minute

Quick definition: Cash flow measures the money—the actual dollars or pesos or yen—that is moving in and out of your bank accounts. Cash that you pay out is negative cash flow and cash that comes in to your business is positive cash flow. The details: To state the obvious, cash is critical to running a… Read more »

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This Week in Small Business: Customer Loyalty and Effective Leadership

If you’re a LivePlan user and frequent visitor of the LivePlan blog, you may be familiar with our sister site, Bplans. Bplans is a free content resource where we publish articles for entrepreneurs on starting, funding, growing, and managing their businesses. This week on Bplans, we covered a variety of topics, from different marketing techniques to success on… Read more »

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Building a Future, Honoring the Past: The Story of Rose Petals Cafe

At Rose Petals Cafe, in the Germantown neighborhood of Philadelphia, co-founders Jania and Desmin Daniels are dedicated to creating unique and delicious food. “I’m Puerto Rican and my husband’s African-American, so we formulate a dinner menu that merges those things,” Jania says of their menu, which is inspired by a fusion of cultures. They also feature… Read more »

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What Are Direct Costs? Metrics in a Minute

Quick Definition of Direct Costs: Direct costs (also known as Costs of Goods Sold—COGS) are the costs that can be completely attributed to the production of a specific product or service. These costs include the cost of materials used to create the product and potentially any labor costs that are exclusively used to create the… Read more »