Small business owners, specifically in the auto industry, still feel the impact of a covid-era world. With the post-pandemic market rebound, many supply chain stages have become costlier and more restrictive. While increasing your repair fees is always an option for balancing these increased costs, many small business owners aren’t willing to risk losing their […]
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Small business owners wear a lot of hats. You are an employee, stakeholder, manager, jack-of-all-trades, as well as owner. The last two years even added more challenges. You had to handle mask mandates, shutdowns, and remote work. If you’ve never dealt with remote work before, “cloud hosting” might be a term you’ve heard of but […]
Most small business owners regard both budgeting and forecasting as the same thing. However, both are different. Irrespective of the size of your business, it is necessary to have an accurate forecast as both these processes enable you to achieve your financial goals. Though both these processes matter a lot, budgeting and forecasting are two […]