One of the most common reasons businesses fold is due to lack of funds and running out of money, which doesn’t necessarily mean they didn’t have enough customers or clients, however their expenses exceeded their revenue.
To that end, every Coraggio Advisory Board has an appointed accountant to analyse Member’s companies’ profit and loss, balance sheet and cash flow projections on a monthly basis.
Coraggio’s highlights what every business owner needs to know to navigate their business finances.
Download our latest thought leadership article to learn more.
This article highlights four essential tips what every business owner needs to know to navigate their business finances.
- What can business owners do to manage their cash flow better?
- What would you say are typical misconceptions or mistakes business owners make preparing their financials?
- What would be the number 1 issue business owners could do to reduce tax in a new financial year?
- How much revenue does a business owner require to break even.
You may also like…
Would you like to be a part of this?
Become an integral Member of a confidential group of business owners sharing their insights and experiences for the benefit of your business? Imagine how your business would prosper from connecting with a broader community consisting of more than 400 high performing and driven industry leaders!
Explore Membership today! Find out how our proven program can assist you build a better business and become a better leader.