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Some alternative methods to manage cash flow and monitor business performance include using financial management software, hiring a financial advisor, implementing a cash flow forecast, and regularly reviewing financial statements. It's also beneficial to keep a close eye on receivables and payables, and to maintain a cash reserve for emergencies.
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Are you a business owner, entrepreneur, or freelancer trying to keep track of your finances and monitor your business performance? This Profit and Los...
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Are you a business owner, entrepreneur, or freelancer struggling to manage your finances and monitor your business performance? Balancing transactions, financial metrics, and cash flow can be challenging. In fact, 82% of small businesses fail due to poor cash flow management and a lack of understanding of financial metrics. That's why we've developed a spreadsheet template in Excel and Google Sheets that you can download and customize to your needs right now.
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