Aug 14, 2017
EPISODE 114 of The Local Small Business Coach Podcast
Today’s Tip of the Week: You Must Know Your Business’s Financial Numbers
How well do you know your small business’s health report card?
In today’s episode, we discuss…
Why it is important that you know some of the key financial numbers of your local small business. These numbers are your business’s report card. They tell you how healthy the business is. We will take a look at 5 key areas you want to be familiar with and why.
- Sales
- Profit Margin
- Inventory
- Product Costs
- Expenses
While you don’t need to memorize them, you need to have them at your fingertips. However, I will recommend few numbers you need to always know.
Thanks for listening!
HELPFUL LINKS
Podcast Website: LocalSmallBusinessCoach.com
Leave your Message on the website with the Speak Pipe Button or just email me at Tammy@LocalSmallBusinessCoach.com
Our Training Materials for Local Small Business Owners: TrainingforLocalSmallBusinessOwners.com
Starting a Local Small Business Website: StartALocalSmallBusiness.com
Get a FREE Audiobook! Take your Business Books on the Road with You! CLICK to GET YOUR FREE AUDIOBOOK
My Recommended Bookkeeping Program for Local Small Business Owners: Freshbooks Link
Get Your FREE eBook - 8 Steps to Increasing Your Profits in Your Local Small Business
WHO THIS PODCAST IS FOR:
local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams
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