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In this video Hannah reviews reallife financial statements from a small business a music studio. Hannah reveals what this business is doing right and what they may need to work on in 2023 to improve profitability. We talk about marketing expenses, labor efficiency, overall profitability, and an aggressive debt payoff plan.

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Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/

Disclaimer: This video is intended for educational purposes and
should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

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