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.
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?
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
Observe los cambios que puede realizar en su negocio y comprenda lo que eso significa para sus ventas y costos. Leer más
This event will include educational presentations and panel discussions that help both new and existing businesses to recover, adapt and innovate. Read more