Simple Numbers Blog
Business Finance Tips, Small Business Advice and Startup Experiences to help you simplify your numbers.
8 Reasons to Start Your Own Business Instead of Working for Someone Else
Starting your own business is a big step--and it's one you may have been on the fence about for a while. Is it worth stepping out and working on your own, rather than working for someone else? Does it really have that many benefits? You know you are sick of punching...
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5 Tips for Scaling Your Startup
Scaling a startup is about investing your time and your money in smart places so that the business revenues grow. It isn't always about hiring more people or investing in more technology although these can be components to your growth strategy. It's about knowing how,...
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Top Ten Hacks and Tricks When Using Xero Software
As most business owners and entrepreneurs are aware, when your business grows, your accounting headaches grow exponentially. It almost seems to work like Christmas lights - you wind them up all nice and neat at the end of the season and somehow, in the dark box left...
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4 Reasons Startups Fail, and How to Make Sure Yours Succeeds
If you think succeeding with a startup business is easy, think again. More than 4 of every business startups fail, according to a recent study from Bloomberg. It's a fact in virtually every industry, from manufacturing to construction, food service to retail....
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Shake Things Up: Tips for Bringing in New Talent to Your Startup Team
Small business owners need to stay lean and agile in order to make it in today's economy. It is important to bring in the talent and business acumen you need to be competitive, but too much overhead and you could sink quickly. Finding the right balance between what...
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Budgeting 101: It’s Not Too Late to Start a Business Budget
Even though you probably have a personal budget, you may not yet have one for your business. However, a business budget is not something to overlook. If you don't budget in your business, can you really guarantee that you will still be around in a year? Will you still...
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Creating Realistic Financial Forecasts for the First Year of Your Startup
In the first year of your startup's operation, you may struggle with creating financial forecasts that will incorporate the changes that occur over that first year. By following these key steps, however, you can create more realistic forecasts that will help satisfy...
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Why Your Business Needs an Annual Financial Health Check
Your business's financial health is a critical part of its success. Each year, you should be examining the financial health of your business to ensure that you're taking all the steps necessary to reach the financial success you're looking for. Hiring a CFO to take a...
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Turn Your Vision into Reality: How to Secure Funding for Your Startup
You're ready to make your vision reality. You're creating a startup that will help transform your lives and offer incredible opportunities to the partners and customers who are joining you in your goals. There's just one problem: in order to reach those key goals, you...
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Most Useful Apps for Entrepreneurs and Small Business Owners
Most entrepreneurs and small business owners have a thousand things competing for their attention every day. With rapidly changing priorities, a million little details, and the need to manage teams and partners, no two days are exactly alike. Not only is your mobile...
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