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When disaster strikes, you need to know where you can turn for a business loan or other financing options with minimal turnaround time
“EBITDA” is an abbreviation for “earnings before interest, taxes, depreciation and amortization;” every business owner should be aware of this approach and how to calculate EBITDA.
Figuring out your cash flow situation is a key component of establishing the financial health of your small business. If you have your numbers locked down, you’ll find that it will often prove instrumental in securing a business loan and building trust in your venture.