Is it really a problem if you don't know your numbers ?

It sure is!!

There are three key numbers you need to track in your business in order to grow a successful business: sales, profits, and cash.

🔢 SALES

Start tracking your sales at least once a month.

Break it into your top three products or services.

🔢 PROFITS

There is only so long your business can last if it doesn’t make money.

Sales minus expenses equals profits.

Aiming for a 10% or higher profit margin will force you to keep your spending in check.

🔢 CASH

The most common causes of changes in your cash balance are:

Net income — your profits

The money you withdraw from your business account

Tax payments

Payments toward debt

Investments you make

If keeping track of these numbers is causing you a headache, let us be your Paracetamol - call us, we can help.