by D. Maykl Muhammad | Jul 25, 2024 | Bookkeeping, CFO
SUMMARY A budget outlines expected revenues and expenses over a specific period, guiding short-term financial management and ensuring operational stability. Financial projections estimate future financial performance, helping plan for long-term growth and secure...
by D. Maykl Muhammad | Jul 23, 2024 | CFO
SUMMARY Successful entrepreneurs offer valuable financial lessons such as the importance of resilience, exemplified by Jack Ma’s persistence despite repeated failures. Understanding market and user needs, as highlighted by Sandi MacPherson’s experience, is...
by D. Maykl Muhammad | Jul 18, 2024 | Small Business News
SUMMARY Over the past thirty years, American businesses have experienced significant growth and periodic downturns, regardless of which political party was in power. The dot-com boom under Clinton, the real estate surge during Bush’s tenure, and the green energy...
by D. Maykl Muhammad | Jul 11, 2024 | Bookkeeping
SUMMARY Adopting cooperative principles can help grass-roots and social entrepreneurs create sustainable ventures by fostering community, shared resources, and equitable compensation. By pooling resources, offering modest stipends, and ensuring basic needs are met,...
by D. Maykl Muhammad | Jul 8, 2024 | CFO, Nonprofit
SUMMARY An ideal image to describe a business cooperative would depict a diverse group of individuals working together collaboratively. This could include people sitting around a table engaged in a discussion, working together on a project, or participating in a...
