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Payroll is one of the most critical, and often overlooked, aspects of running a business. It's also one of the most complex and time-consuming tasks that a business has to deal with.

As a small business owner, you will eventually want to scale up. Scaling your business means growing it to a point where it can support more customers or clients, more employees, and ultimately make revenue.

Your operating profit margin is a measure of your business's profitability. It tells you how much profit your business generates from its operations, after deducting the cost of goods sold (COGS) and operating expenses.

A lot of small business owners don't think they need a financial consultant/advisor. They think that since they are just starting out, or their company is still relatively small, that they can manage their own finances without any help. However, this is not always the case. Let's take a look at some of the reasons why small businesses need financial consultants/advisors, so that you can decide whether or not you should invest in one.

The words "negative cash flow" certainly don't sound like much of a cause for celebration and truthfully, they often aren't. However, negative cash flow isn't always a cause for concern, either, and even when it is, there are steps you can take to rectify the situation.