Fri.May 17, 2024

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Cash Flow Vs Profit: What’s The Difference?

Lendio

What’s the difference between cash flow and profit? As a business owner, these two terms can feel interchangeable. But the truth is, they’re far from it—and knowing when to prioritize one over the other can help you make better strategic decisions in that moment. What is cash flow? Whether you’re just starting a business or have an established brand, you’ll feel the effects of cash flow similarly.

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The ROI of Outsourcing Your Accounts Receivable

Enterprise Recovery

Outsourcing accounts receivable and collections is a strategic decision that can benefit businesses. By partnering with a collection agency, businesses can offload the time-consuming task of chasing unpaid invoices, allowing them to focus on their core operations. Discover the financial benefits of outsourcing your accounts receivable and how it can positively impact your business's bottom line.

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Knowing When to Let Go: Delegating for Business Growth | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

Andrea engages in a candid conversation with ADC co-founder Bill Gerber, exploring the pivotal decision-making process behind delegating tasks for business growth.

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Debunking market timing: a comprehensive guide

Due

The world of investment is a complex labyrinth filled with myriad opportunities and pitfalls. One of the most common misconceptions is the belief in the ability to time the market perfectly. However, an old Wall Street adage states, “The stock market timing hall of fame has zero members.” This statement underscores the futility of predicting market movements with absolute certainty.

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Judge Isgur Expects to Step Down From Houston Complex Chapter 11 Panel

Reorg Blog

The post Judge Isgur Expects to Step Down From Houston Complex Chapter 11 Panel appeared first on Reorg.

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Investing with Purpose: Impact Investing Opportunities for Retirement Portfolios

Due

Many retirees want to leave the world a better place than the one that existed when they arrived. But that sometimes feels impossible with all the negative headlines about environmental or social issues in the world today. It’s no wonder that impact investing has emerged in recent years as a way for people to align their financial goals with their personal values.

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The Power of Intentionality: The Last Piece of Financial Advice You Will Ever Need

Due

For many people, understanding financial advice can be daunting. The sheer amount of information about budgets, investments , and debt management can be paralyzing. However, what if something was missing, a fundamental shift that simplified everything? Enter the power of intentionality. Intentionality doesn’t have to be as complicated as a financial product or strategy.

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Decoding intuition for personal growth

Due

Intuition, a profound aspect of human cognition, is often misunderstood. It’s the ability to understand something instinctively without needing conscious reasoning. That gut feeling guides us through life, helping us make decisions that frequently defy logic. This powerful yet elusive concept is significant in our decision-making processes and can lead to personal growth and fulfillment.

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From financial planner to online millionaire

Due

The world of entrepreneurship is often a winding road filled with trials, tribulations, and valuable lessons. This is the story of a financial planner who became a multi-millionaire in his thirties, not by following the traditional path but by leveraging the power of online business. The beginning of the journey Our protagonist’s journey began not with a business model but with a simple desire to share knowledge and experience.

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A Retiree’s Guide to Digital Finance: Terms, Tools and Tips

Due

Like it or not, digital technology permeates nearly every financial activity we perform today. The economic landscape—which includes financial services and banking—is shifting to the digital space at an accelerated pace, and things will only move faster in the coming years. Deloitte predicts that by 2025, finance will be highly automated and will double down on fields like financial information and business insights.