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4 Questions to Ask Before Diversifying a Business

Diversification is a strong business strategy, but it is also a big business decision. Having the right approach and willingness to learn is a great first step. Investing in a business requires thorough evaluation and contemplation. Your careful research will guide you toward the right decision. As you narrow down a shortlist of contenders, you get into the deep research phase known as “discovery”. During the discovery phase, you need to dive below the surface to truly ascertain if there is a good fit between you and the business you […]

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Diversification and Investing: The Perfect Pairing

investing diversify

In the business world, terms are often tossed around in meetings and discussions with little context or that lack deep understanding. Some of these terms even rise to the level of “buzzwords” without an outline of what they mean or how they function in real life. As business leaders, we may find ourselves wanting to drill down on terms to ensure that our understanding is accurate, and our knowledge base is working for our business objectives. […]

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6 Questions to Ask Your Accountant For A Profitable 2018

Profitable Business

One thing you can always count on is taxes. However, you want to be able to keep more of your money than giving it away. So you should take advantage of tax credits and deductions to keep more of your hard earned money in your company. And you may be able to keep more of your money when you ask your accountant key questions. Questions To Ask Accountant For a Profitable 2018 1. What new tax deductions and credits are available this year? You need to ask your accountant this […]

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Understanding Your Profit and Loss Statement

profit and loss statement

I’m betting you didn’t start your business to become a financial expert. You’re not alone. The overlap between financial accounting geeks and green-industry pros is pretty slim. But it pays — literally — to understand the basic finances of your business. Not only should you be able to read your profit and loss statement (otherwise known as a P&L), but you should also understand how to use the data on the statement to run your business smarter and more efficiently. To help you develop that basic understanding, let’s take a […]

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