Another one to see accounting in the forefront
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As your startup grows, so does its cash flow needs. Therefore, it is not enough to simply have money coming in; you need to manage that cash flow effectively to ensure you have enough cash on hand to cover expenses, invest in growth opportunities, or whether any expected or unexpected
Being a creative visionary is powerful, but to thrive in today’s landscape, creators need more than talent—they need business acumen. Here are a few steps to help creators become better businesspeople: 1. Learn the Basics of Finance & Accounting Creators often shy away from numbers, but understanding cash
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Revenue Build · Create a new Revenue build · Project revenue on a per client basis · Include preferred metrics in the projections (e.g. Billings, MRR, etc) · Include prepaid and monthly options · Create Summary of Revenue Accounts · Break out revenue between Compliance and Advisory (Possibly create two builds) · Properly calculate other Revenue