For example, if your CAC is high compared to your LTV, you may need to reevaluate your marketing strategy to improve customer retention or reduce acquisition costs. Popular accounting software options for small businesses include QuickBooks, Xero, and Wave. These software options offer features such as invoicing, expense tracking, and financial reporting. Accrual accounting, on the other hand, records revenue and expenses when they are earned or incurred, regardless of when the money is received or paid out. Customize the chart of accounts However, AI-generated content often lacks authenticity and…

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