Many entrepreneurs are big-picture visionaries. Unfortunately, they can miss valuable insights into the minutia of managing finances. For example, a budget can help you cut costs and maintain positive cash flow. Building a strong credit history can help you get funding for growth. Abrupt shifts in sales or profits could spot industry trends, and managing collections might give insight to your customers’ financial states. So how can you do the most to manage your small business’s finances?
Separate your company and personal expenses and open a business bank account, but remember to pay yourself a reasonable percentage of the earnings...
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Talk has been swirling in the automotive industry for years concerning the implementation of artificial intelligence (AI) in daily driving experiences. Although cruise control was a front runner to automated driving, no one ever thought cars would be driven without human involvement. The movement towards AI controlled vehicles has even crept into the trucking industry.
For many truckers who are used to working small town jobs or just picking up local loads for trucks, the thought of AI taking over their jobs can be terrifying. Creators and software designers look at the advancement and implications as a powerful tool that open new roads to efficiency and cost savings...
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