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Entrepreneurship

Starting a Business in the 21st – Lesson 3 of 6 [Video]

Starting a Business in the 21st – Lesson 3 of 6

The only constant in the modern world is change; many of today’s top jobs and companies didn’t exist a mere few years ago. Two short decades ago, there was no Facebook, and Amazon and Google were still small, niche companies. With the accelerating changes in the world’s economy, one needs to be forward thinking when planning and starting a business. The future may be unpredictable, but there are some ways to make good predictions. One way is through Business and Accounting.

Business and Accounting play a critical role in building the financial foundation your company needs to grow and thrive in a sustainable manner.
Today, we’ll dive into a range of topics, including:

The language of bookkeeping.
Reporting loss and profit in income statements.
The value of balance sheets.
Cash flows and cash flow statement.
Controlling costs and budgeting.
Working with and understanding the Tax Man

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