Pro Serv Podcast by Collective 54 cover image

Episode 161 – Behind the Numbers: Decoding the Finances of a Boutique Service Firm

Pro Serv Podcast by Collective 54

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Understanding OPEX and CAPEX in Financial Management

This chapter examines the key differences between operating expenses and capital expenditures, essential for effective financial management. It also clarifies how personal owner expenses should be reported to accurately reflect business costs and tax implications.

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