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Starting a new business is a major life venture that brings with it a smorgasbord of new tasks to take on. If you’re brand new to running a business, you’ll have to familiarize yourself with these in order to keep… Read More
Posts Tagged ‘new business’
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How to Set Up Payroll for Your New Business (Part 1)
Starting a new business is an exciting adventure, but with that excitement comes a lot of responsibility, especially when you hire your first employees. One of the most crucial tasks is setting up payroll. Having a clear, efficient payroll process… Read More
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Understanding the Basics of Bookkeeping: A Guide for Entrepreneurs
Bookkeeping is a fundamental aspect of running any business, yet it’s often overlooked or misunderstood, especially by new entrepreneurs. Proper bookkeeping is essential for managing finances, making informed decisions, and ensuring compliance with tax regulations. Whether you’re just starting or… Read More
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Common Financial Mistakes New Businesses Make and How to Avoid Them (Part 2)
Last week, we mentioned some common financial mistakes new businesses make. Unfortunately, the list of mistakes is not exhaustive, and there are many other ways to make financial mistakes when starting a new business. By understanding these pitfalls and knowing… Read More
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Common Financial Mistakes New Businesses Make and How to Avoid Them (Part 1)
Starting a new business is an exciting venture full of possibilities and potential. However, it’s also a period fraught with challenges, especially when it comes to managing finances. Many new businesses fail within the first few years, and often, the… Read More
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The Pros and Cons of a Business Partnership
Starting a business is a thrilling journey, filled with numerous decisions that shape the future of the enterprise. One of the most significant choices entrepreneurs face is whether to go solo or enter into a partnership. Business partnerships, where two… Read More
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How Technology Start-Ups Benefit from Business Advising
The technology start-up ecosystem is one of rapid innovation, high competition, and significant potential for growth. However, it is also fraught with challenges such as market volatility, funding hurdles, and the constant need for strategic pivots. In this environment, business… Read More
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Why Start-ups Should Take Advantage of Business Advising
Starting a new business is both an exhilarating and daunting experience. Entrepreneurs often find themselves navigating uncharted waters, making critical decisions that can determine the success or failure of their venture. In this high-stakes environment, taking advantage of business advising… Read More
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Common Hurdles for Business Start-Ups
Embarking on the journey of entrepreneurship is exhilarating yet laden with challenges. Aspiring entrepreneurs creating start-ups often find themselves grappling with a myriad of obstacles that can test their resolve and creativity. From ideation to execution, the path to building… Read More
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The Most Effective Ways to Market a New Business
Starting a new business is an exciting venture but comes with its fair share of challenges. One of the key aspects of launching a successful business is implementing effective marketing strategies to reach your target audience and generate brand awareness…. Read More