Do you frequently check your balance sheets? A balance sheet is a critical element to building your business. A few key points to remember when interpreting a balance sheet for your business are: Cash in Bank: Know how much money you have available at all times. Working Capital: Working capital = current assets-current liabilities. This…
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Tag: business advice
Best Practices to Commit to New Business | Part 2
Deliver Your Promises Once you’ve secured a new client, specific action steps must be taken. 1. Assess level of satisfaction for each engagement. Are both you and your client pleased with each execution? Is it what was originally discussed in your scope of work? 2. Assess if you delivered your promises. Are both you and…
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