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A Fast and Easy Way to Build an Expense Budget
Your expense budget is one of the keys to good business management. Here’s a detailed guide on how to build an expense budget—including what not to do.
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Your expense budget is one of the keys to good business management. Here’s a detailed guide on how to build an expense budget—including what not to do.
LivePlan has some new updates: You can now copy forecast items, add links to your business plan text, and manage GDPR compliance. Here are the details on what’s new this month.
We’re excited to announce that we’ve added a “print to PDF” feature to the LivePlan pitch. You can now easily download a PDF of your pitch in seconds and print it or share it via email—or any other way you’d like to distribute copies for review and feedback.
Accounts payable is the total of the bills that you have to pay, but that you haven’t paid yet. Here’s why accounts payable matters for your business, and how to manage it.
The balance sheet is the most misunderstood financial statement—which is problematic because it is also one of the most useful. Here’s why the balance sheet matters, and how to read and create one.
Cash flow is critical to running a business. Without money in your bank account, you can’t pay your bills. Find out how to calculate and improve operating cash flow.
Profit margin (also called operating margin) shows how much profit your business makes on every dollar of sales, before paying interest payments or taxes. It is usually expressed as a percentage. Here’s why it matters, and how to calculate the profit margin for your business.
We’ve just released some exciting updates to LivePlan that make it easier to create new financial forecasts. We’ve also given you a new option to forecast cost of goods sold and improved how we provide help.
Setting goals is a fundamental part of improving. Here’s how to set goals within your business and track your progress—which better improves your chances for achieving your goals.
Whatever type of business plan you’re writing, there are a few key financial items that you should definitely include. Here’s what they are, why they’re important, and how you should create them.