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7 tips for reducing expenses in your business
Maintaining tight control over both fixed and variable expenses is an essential part of maximizing cash flow and profits in your business. There are a variety of tactics entrepreneurs can employ to rein in expenses and prepare for unforeseen costs that crop up over the course of the year. BDC Client Partner John Brison offers several suggestions to…
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How to measure your profits
Measuring your profits isn’t just important for reporting or tax purposes. It’s also vital for good decision-making. Doing it right will give you insights about how to optimize prices, which product lines to focus on or drop and how to better run your company. Unfortunately, many entrepreneurs have a poor handle on their company’s finances…