SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

89 \\ The Fatal Flaw: Why Relying on Your Bank Balance Could Kill Your Business


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In this eye-opening episode, we delve into a common mistake many small business owners make: relying solely on their bank account balance to gauge success. We uncover why this approach is flawed and how it could be hindering your business growth. From mismatched profit and loss statements to hidden expenses, we explore the discrepancies that often arise. But fear not! We introduce a game-changing solution: the cash flow statement. Discover how this often-overlooked financial tool can provide clarity, predict future needs, and steer your business towards success. Don't miss out on this empowering insight that could transform the way you manage your business finances. Tune in now to unlock the keys to financial prosperity!

 

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SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax DeductionsBy Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert

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