Everybody talks about knowing your numbers and KPIs. But what are they? What can they help you determine? What kinds of questions can they answer?
For starters… they can answer questions like:
What are the warning signs in your business?
What are the growth indicators?
The numbers that show you’re doing well and your business is healthy?
Unless you have spent years studying bookkeeping and accounting, looking at financial statements probably makes your eyes cross and makes your head hurt.
But it doesn’t have to be that way…I’m gonna give you the lowdown.
What to look for when reviewing your numbers aka your financial statements.
We’re in the last quarter of the year.
The things that you wanted to get done, maybe you got them done. Maybe you didn’t.
But you don’t have to take regrets into the new year.
I’m sure there are a few things that you absolutely must get done before the clock strikes midnight and they play Auld Lang Syne to begin the new year…
I can’t answer that for you but I’m sure as you’re reading this, you already have a few things in mind. Don’t you? (more…)
Having accounting software isn’t enough.
Syncing the transactions from your bank account isn’t enough. (more…)
