The Recent Pandemic Has Put A Full Stop To Many Of Our Plans, Including The Scaling Plans Of Your Startup.

An operational plan outlines the key objectives and goals of an organization and how to reach them. It is a well-crafted document that ensures team members know their responsibilities and have a clear understanding of what needs to be done.

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3 Simple Ways Entrepreneurs Can Facilitate Diversification

How do you embrace diversification as an entrepreneur? Here are three very simple ways.

Pivoting is the “buzz word” that everyone is using today, because there are no cookie cutter solutions out there for entrepreneurs. Business today is not what it was 10-20 years ago, 5 years, or even 1 year ago, the landscape has changed so much and you have to be able to pivot and execute quicker, more efficiently, and most of all more effectively than ever before. There are a ton of opportunities out there, but you have to be nimble and stay on top of what is happening today! Let us know your thoughts! 

What are the causes of WeWork company bankruptcies?

1. Aggressive Expansion: WeWork's rapid growth and high-risk strategy led to significant overextension.

2. Leadership Issues: Adam Neumann's controversial leadership and governance practices contributed to the company's downfall.

3. Failed IPO: The failed IPO exposed financial vulnerabilities and led to a drastic reduction in valuation.

4. Pandemic Impact: COVID-19 severely affected demand for office spaces, compounding WeWork's financial issues.

5. Ongoing Financial Struggles: Despite efforts to stabilize, WeWork's substantial debts and lease obligations have continued to hamper its recovery efforts.

The story of WeWork is a cautionary tale about the risks of rapid expansion and the importance of sustainable business practices and transparent governance.

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How Startups Can Benefit From R&D Tax Credits

How Startups Can Benefit From R&D Tax Credits

With the worst of the Covid-19 pandemic potentially over, we begin to look towards the possibility of life returning to a degree of normality. (more…)

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Personal property valuation

Personal property valuation is necessary for valuing a business for purposes of an Employee Stock Ownership Program and for determining an asking price for a business and for evaluating an offer. Learn more at https://www.poconnor.com/why-is-personal-property-valued/

There will be opportunities. Go find one.

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Don’t spend all your time alone because it is difficult to stay motivated.

Key Performance Indicators, or KPIs, are a pertinent part of measuring the successes and failures of your business. Also known as a flash report or dashboard, a KPI allows business owners and managers to get an overview of how their business – or individual departments – is performing at any given time.

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Fed's Regulatory Agenda Could Be Swing Factor for Bank Stocks

Lenders may be poised to benefit from rising rates and a good economy, but investors should also keep a close eye on Washington next year. source https://www.wsj.com/articles/feds-regulatory-agenda-could-be-swing-factor-for-bank-stocks-11640186625?mod=rss_markets_main

Top Strategies to Increase Cash Flow with Passive Income

Entrepreneurs often find themselves in a difficult position where they face cash flow management difficulties. This can be the bane of their existence as an entrepreneur, and it’s not uncommon for these problems to arise when entrepreneurs struggle with managing their finances well enough.

Entrepreneurs who want to ensure their businesses always have a consistent source of capital can generate passive income by investing in, for instance, royalty payments or licensing fees. This is one way that entrepreneurs are able to overcome the challenges involved with being self-employed because it doesn’t require too much time commitment on behalf of them personally.

Passive income is the best way to make money without doing anything. There are many types of passive businesses that can provide you with enough funds, and let your bank account grow while sitting at home or any other place of leisure!

Passive Income Strategies That Can Increase Cash Flow:

1. Create and Sell Digital Products:

This is a passive income strategy that you can use to generate an abundance of revenue. The method for creating and selling digital products like eBooks, videos or any other media product your audience desires should not be too difficult with this particular business model because all it takes are some ideas in order make them happen!

2. Create a blog or YouTube channel:

If you have a popular YouTube channel or blog, then the views and revenue from each video will add up quickly. You can make money just by showing advertisements on your site. If you have the potential of generating enough traffic, it’s possible that each month may provide an income for yourself!

3. Get Paid For Referring Leads:

You can make money by referring leads to your business. For example, if you own the real estate company and want customers who will pay more for their services than what they were paying before then to use LeadGenius which connects them with different businesses that need help on both sides of transactions as well as those looking specifically at referrals from other sources such a contractor or HR report manager in order generate revenue off these new connections!

4. Promote Affiliate Products:

Affiliate marketing is a great way to make money on the internet. This business model promotes products and services for other companies, in return, it receives a percentage of their sales roll-up amount with your own shipping fees included at no extra cost!

5. Invest In The Stock Market:

Investing in the stock market is a great way to generate passive income. However, this process does require a significant commitment of time and money as you have provided for an account with a broker/dealer who will give research reports that can be used by buyers or sellers alike; monitor your investments regularly (at least daily), and integrate cash flow management software into your business so it reaps exponential benefits!

Invoicera is a game-changing new way to manage your cash flow. Utilizing Invoicera can be the perfect solution for small businesses and entrepreneurs who need an effective system tracking all their income and expenses, saving them time in doing so manually every month!

Source: 7 Proven Strategies to Increase Cash Flow with Passive Income