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The Cash Flow Statement: What It Is and How to Use It
Cash is the lifeblood of every business. Learn how to read and understand a cash flow statement with definitions of every component.
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Cash is the lifeblood of every business. Learn how to read and understand a cash flow statement with definitions of every component.
Profitable businesses can run out of cash. We’ll explain why and teach you how to manage your cash flow effectively.
Successful business owners have one thing in common—They actively track metrics to achieve their goals. Learn what metrics to track with our full guide.
Defining your business model is the final step in Lean Planning. In short, it’s how your business will make money. Learn how to define your business model.
Understanding your customers is the key to success—which is where market analysis applies. Here’s a process to get to know your customers in 4 simple steps.
The third step in lean planning is to use the milestones technique to create a roadmap for your business to help you implement your strategy.
Your Lean Plan needs strategy, but even a great strategy is useless without tactics. Tactics are the things that you actually do to make your business work. Tactics are your road map—and here’s how to develop them.
Fail to develop a solid business strategy, and your new venture will likely not be successful. Here’s how to complete this first step of the Lean Planning process.
Our step-by-step guide to Lean Planning will show you how to create a living business plan, that you can update and expand as you grow your business.
When facing an economic crisis, it can be difficult to think about the future of your business. The need to survive takes precedence over planning and that can lead to both short and long-term problems for your business. Read on for steps on how to save your business and pivot to recession-proof success.