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Quarterly Financial Reporting

After running operations for approximately 3 months you'll need to produce quarterly reports. Some of these reports are for internal use to begin the process of tuning your operations and maximizing every dollar you create and spend. However, some reports and filings will be needed to be sent on to State and potentially Federal agencies. It's not difficult to do, but if you forget, you can be penalized. Often your bookkeeper or accountant can make sure these filings are completed on your behalf. If you are not certain, be sure to ask for a summary.

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