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Choosing the right business planning software is crucial for entrepreneurs and small business owners looking to launch or grow their ventures. In this detailed comparison, we’ll examine LivePlan and Venturekit, two popular business planning platforms that help users create professional business plans and financial forecasts. While both tools aim to simplify the business planning process, […]
“Deep Research” is a feature for paid ChatGPT and Google Gemini subscribers that takes whatever question or project that you have and then scours the web (and presumably their own data sets) for answers. Both tools then assemble a detailed, multi-page report on their findings, including citations, links to source materials, and conclusions. I used […]
Tariffs are here in a big way. How prepared is your business? The April 2 announcement that the United States was implementing massive tariffs on 60 countries promised to fundamentally remake global trade. And even with the president putting a 90-day pause on many of the tariffs, an eye-popping 145 percent tariff rate on China […]
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.
Learn to run a cash flow analysis and understand how healthy your business is by asking five simple questions about your cash flow statement.
Learn how to create, read, and understand your cash flow statement with an overview of every section and tips when reviewing.
![What Is Accounts Receivable (AR)? [Definition + 6 Ways to Improve]](https://web-cdn.liveplan.com/liveplan/content/uploads/2020/07/17153100/What-is-Accounts-Receivable_.png?format=auto "What Is Accounts Receivable (AR)? [Definition + 6 Ways to Improve]")
Accounts receivable (AR) is money your customers owe you for products or services that you have sold. Find out why AR is important and how to track it.
![What is Accounts Payable (AP)? [Definition + 4 Ways to Reduce]](https://web-cdn.liveplan.com/liveplan/content/uploads/2019/02/17142349/What-is-Accounts-Payable.png?format=auto "What is Accounts Payable (AP)? [Definition + 4 Ways to Reduce]")
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.
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.
Long-standing businesses write a business plan. Here’s why you need a business plan to successfully start, manage, and grow your business.