Business Finance

Finance 101 and the Quick Easy Way to make Better Decisions in Business and Life

Finance 101 and the Quick Easy Way to make Better Decisions in Business and Life

Whether you’re leading a cutting-edge tech firm, a three-person team, or a household, the basics of financial literacy can be the key to running your operations smoothly and ensuring you can sleep soundly at night. In this article, we’ll explore the fundamental concepts of profit and loss, the importance of cash flow, and how technology can simplify the financial puzzle for business leaders—and improve how you run your home, as well.

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Why Small Businesses Need Automation for Revenue Management

Why Small Businesses Need Automation for Revenue Management

In the fourth quarter of 2023, 30% of U.S. small business owners remain pessimistic about the economy due to inflation and hiring challenges. Another 92% report few or no qualified applicants for their available jobs. These concerns are compelling small businesses to explore innovative ways to make money from solid consumer spending. It’s therefore no coincidence that there’s an ongoing AI and automation revolution in small businesses, with AI-powered chatbots like Meta’s Kustomer IQ assisting customer support management and social listening tools like AnswerThePublic pulling information to develop products tailored to a company’s target market.

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