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How to Create a Realistic Business Budget

How to Create a Realistic Business Budget

Your business needs a budget but when you’re starting out it can be tempting to skip this step. That would be a mistake, because a budget is a powerful tool to ensure the financial health of your small business. A realistic budget enables you to make confident financial decisions and save money for future investment and expansion. On top of this, your budget will prevent you from overspending and provide concrete goals against which you can measure your success.

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10 of the Most Powerful Ways to Improve Your Mental Health

10 of the Most Powerful Ways to Improve Your Mental Health

The covid-19 pandemic has underscored the importance of caring for your mental health. Times are tough and there may be many factors beyond your control right now, but there are steps that you can take to help you to weather the storm. Improving your mental health doesn’t have to mean a complete lifestyle overhaul; there are many simple changes you can make to balance your brain chemistry. The best approach is to take it slow and try to integrate some of the following habits into your daily life.

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How to Protect Your Startup Against Inflation

How to Protect Your Startup Against Inflation

The past decade or so has seen low levels of inflation across the globe but sadly, all good things must come to an end. The economic impact of the covid-19 pandemic means that we’re likely to see an increase in inflation in the not-too-distant future, and this could have serious consequences for your business. Whilst some businesses do benefit from inflation, others take a significant hit. As a business owner, it’s important that you understand how inflation could impact your startup and learn how to weather the storm.

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How to Use Smart Budgeting to Accelerate Business Growth

How to Use Smart Budgeting to Accelerate Business Growth

Creating a realistic budget is one of the best ways to protect your business during periods of difficulty and keep it running smoothly in spite of setbacks. A budget gives you more control over the financial health of your business, allowing you to manage cash flow, create spending caps and set realistic targets. The businesses that succeed are the ones that prepare and adapt when necessary, so smart budgeting is really non-negotiable. Here are five useful budgeting tactics that you can use to help your business survive, grow and flourish.

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