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Successful Entrepreneurs Should Know This Metric

Have you ever wondered why some businessmen or businesswomen managed to drive their businesses to ‘transcend to immortal’ while some get stuck and wait to be crushed in the cutthroat business world? Business owners who know their cost of sales (also known as cost of goods sold), usually have a strong picture of their business’s needs. These leaders understand what it takes to create their core service or product – and can better focus as a result. In the video, you are about to listen to a prestigious editorial director Ray Hennessey explains the tricks to thrive in different industries.

I know it’s a bit cliche to say that, but MONEY is what businesses all about! Without adequate cash flows is like bringing an unloaded M16 to an battlefield, you could do nothing but to pray for a quick and clean death. Now CLICK HERE to subscribe to professorsavings channel to put some bullets into your guns!

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HI. I'm Professor Savings. I teach daily money saving videos. Thanks for checking us out.

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