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Financial strategy

CFO advice on key business levers to see greater consistency and growth of your business

pricing strategy, financial strategy, proper pricing, finance

The Price of Success: Why Proper Pricing is Crucial for Your Online Business

In the dynamic world of digital entrepreneurship, success isn’t just about offering exceptional products or services; it’s also about pricing them correctly. As your dedicated financial partner, ensuring our clients understand the importance of proper pricing is paramount. In this article, we’ll explore why pricing your services and courses accurately is vital for your business growth and how underselling could be hindering your true potential. 1. Your Price Reflects your Value: One of the primary reasons for pricing your services and products accurately is to reflect the value you provide. Whether you are an online agency owner or a course

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28.11.2023

Accounting Challenges Entrepreneurs Face and the Strategies to Fix Them

At CleverProfits, we’ve seen firsthand the unique accounting challenges entrepreneurs face in managing the financial aspects of their businesses. It can’t be emphasized enough how essential it is for your business to follow accounting’s best practices. In fact, one study by U.S. Bank shows that 82% of small businesses fail because of cash flow mismanagement. Here, we reveal the top 10 accounting hurdles entrepreneurs have commonly encountered with effective strategies to overcome them, ensuring the success and growth of your venture. 1. Maintaining Accurate Financial Records The Challenge: Accurate and up-to-date financial records are the backbone of your business, providing

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25.07.2023

Building A Competitive Base Compensation Package In 7 Steps.

Creating a well-designed and practical compensation package is one of the essential tasks for any business owner. This article explores seven steps to help you build a competitive base compensation package to ensure you attract the best talent you can afford while protecting your business by keeping it profitable.

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19.01.2022

How To File And Pay Your Taxes with Confidence.

Building a business is difficult enough, and filing and paying your taxes is a confusing process. Whether you’re a new business owner or have been operating for years, there’s always something to learn when it comes to taxes! In this article, we’ll outline the process for filing and paying your taxes, so you can feel confident and prepared when Tax day rolls around.

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05.01.2022
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