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Accounting and Finance : Article

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Reading Your Financial Story
FastTrac
3/12/2007
Article Resource
Summary:

This article will provide you with a starting point for understanding your financial statements. In it you will find guidelines for the type of information you need and suggestions on how to review it.

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Building the Budget
FastTrac
9/27/2007
Article Resource
Summary:

When developing a budget, it is important to estimate profits annually for the next three years as well as to develop a detailed month-by-month budget of sales, expenses, and cash flow amounts for the same three years.

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Financial Fitness for Entrepreneurs
Feld Bradley
2/1/2004
Article Resource
Summary:

Entrepreneurs launching growth companies need an understanding of the financial basics to work with professionals and spot problems early, says a serial entrepreneur and investor. Tips for acquiring literacy are provided.

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Using Credit Cards: Watch the Fine Print
Fergerson Wendy
3/1/2007
Article Resource
Summary:

In the first three years of running her printing solutions company, Wendy Fergerson borrowed roughly $60,000 per month on credit cards without paying any interest. Out of that experience, she recommends credit cards as a way to bootstrap a company as long as you pay attention to the details on each card for which you apply.

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A New Way to Cut Your Payroll Costs
Fortt Jon
4/6/2010
Article Resource
Summary:

It sounds like a privacy breach waiting to happen: Take some of your company's most classified information — employee records containing Social Security numbers, salaries — and put it on a bunch of remote servers that let you access the data via the public Internet.

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When Bad Loans Happen to Good Entrepreneurs
Gershun Martha
8/1/1999
Article Resource
Summary:

Accepting a loan from the most respectable source of business financing--namely a commercial bank--is a mistake for some entrepreneurs, argues the author, who recounts the tale of her company's demise subsequent to her signing a bank loan with overly stringent terms. She includes four pointers that can help you flag loans likely to go bad.

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Making a Good First Impression
Goff Bob
11/16/2005
Article Resource
Summary:

Entrepreneurs often have only one opportunity to make a good impression on potential investors. Goff includes recommendations to ensure that pitches have a better chance of gaining interest from angel investors.

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Opportunity Meets Preparation
Gold Terry
11/16/2005
Article Resource
Summary:

For Terry Gold, preparing for pitching angels is more about demonstrating how your good idea is going to result in a great business than it is about developing documents and presentations.

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Wood and Nickels: Cashing In On Good Relationships
Grasmick Louis
9/24/2001
Article Resource
Summary:

Managing cash flow can be tricky, but building strong relationships with everyone involved in your business can make that task easier. The Founder of the Louis J. Grasmick Lumber Co. has discovered that managing revenue becomes easier when you have a loyal customer base and carefully selected accounts. He shares his view on creating revenue through emphasizing the importantce of strong relationships.

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Cash Flow and the "R" Word
Graves Earl G
9/1/2001
Article Resource
Summary:

Knowing how to work the system gives you control over one of the most important issues concerning your business: the ability to handle your cash. Whether you're black or white, whether you're running a freshly funded business or a proven establishment, cash flow matters. The publisher of Black Enterprise shares what he's learned about diligent cash-flow management during three decades in the magazine business.

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