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EP123 Combat Financial Inexperience
What Is Financial Literacy and Expertise? Financial literacy refers to the ability to understand and apply financial concepts, such as budgeting, saving, investing, and managing debt. For entrepreneurs,…
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EP125 Balancing Work and Life: Challenges for Business Owners
Running a business demands dedication, hard work, and significant time investment. However, for many business owners, the line between work and life blurs, leading to burnout, strained relationships,…
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EP124A Reducing the Impact of Rising Supply Costs on Businesses
Rising supply costs can squeeze profit margins, disrupt operations, and challenge long-term sustainability for businesses. However, with proactive strategies and sound financial management, businesses can mitigate the impact…
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EP124 The Impact of Rising Supply Costs on Businesses
Rising supply costs pose a significant challenge for businesses, particularly small ones. This issue is exacerbated by the macroeconomic environment, owner inexperience, and misguided hopes that prices will…
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EP122 Managing Payroll
For small businesses, managing payroll efficiently is often a significant hurdle. Payroll encompasses not just paying employees but also accounting for taxes, benefits, and compliance with labor laws.…
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EP121 Managing Tax
Understanding and managing tax obligations is a significant challenge for small businesses and entrepreneurs. Tax regulations vary by country and business structure, making compliance a complex process. In…
4 min read