ENTREPRENEURIAL SKILLS: COMPLETE BUSINESS GUIDE
Entrepreneurs must have a budget and understand how to manage their finances. Small business owners must be able to comprehend financial statements, which are documents that contain information on a company’s operations and overall financial performance. Entrepreneurs must be able to compute ROI (ROI = Net Return on Investment/ Cost of Investment x 100%). This is crucial to examine how your firm uses its investments so you can make sure your resources are being used efficiently.
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