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Budgeting for Next Year by Bill Ferguson

Article Language: English
October 26, 2020

Companies using a calendar year to do their financial statements need to take this time of the year to do budgeting for next year. Budgeting? Why would a company need that? Just do their thing – sell and hope for the best? That’s NOT a good way to run a company. Not good at all. All the big corporations budget everything – sales, expenses by category, cash flow, etc, etc. And, they do it on a quarterly basis. Why? One, they want a target that they believe they need to hit and so they then plan what they must do to hit that target. And, secondly, they use it for accountability – to measure the performance of each subsidiary or department that fed their budgets into the overall budget. Planning and accountability.

Blog

Validating a Local B2C Business Idea

Article Language: English
June 21, 2019

If you don’t have customers, you don’t have a business.  First things first, who’s going to buy what you’re selling?  And why buy your product, or service, instead of the competitions?

Article

Links to More Information

Article Language: English

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eGuide

Small Business Basics

Article Language: English

This invaluable guide on business planning basics will help get you on your way to making your entrepreneurial dreams come true. Read more

In The News

How To Become A SCORE Small Business Mentor

Article Language: English
March 2, 2020

SCORE volunteers offer confidential mentoring sessions to help clients get their enterprises off the ground. SCORE Madison provides FREE business mentoring, coaching, consulting,... Read more

Recorded Webinar

SBA Webinar Series: PPP Updates for Your Small Business

Event Language: English

The Small Business Administration has some key changes to the Paycheck Protection Program (PPP) to ensure America’s smallest businesses get exclusive access. Read more

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Recorded Webinar

Sell Online with E-Commerce Tools

Event Language: English

We will explore resources and e-commerce tools that businesses can access through Shopify, as well as how small businesses can build online operations. Read more

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Recorded Webinar

Creación de un Plan de Negocios

Event Language: English

La planificación adecuada es fundamental para el comienzo de un negocio y constituye una estructura sólida para la evolución y crecimiento de la empresa. Read more

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Seminario web grabado

Como Abrir un Negocio

Idioma del evento: Español

Este módulo ayudará a los participantes a aprender los pasos necesarios para abrir un negocio de una manera ordenada y estructurada, con buenos bases y un plan de acción firme. Leer más

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Recorded Webinar

National Small Business Week Virtual Conference 2020

Event Language: English

This event will include educational presentations and panel discussions that help both new and existing businesses to recover, adapt and innovate. Read more

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Blog

8 Ways To Support Hispanic-Owned Businesses

Article Language: English
September 16, 2021,

To help you with ideas to advocate for Hispanic-owned businesses, we asked business professionals and executives this question for their best suggestions.

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