There are a lot of numbers in a small business. Most entrepreneurs do a lousy job of reviewing their financial statements while simultaneously trying to manage with the production, sales and delivery of their product. However, numbers are a very powerful tool in business. Without knowing how a business has performed financially, it is impossible to predict where it should go. If as a small business owner, you can’t do a detailed review of your income statement, balance sheet and cash flow statement every month, then here is a short cut. Here are the only five numbers that matter in your small business.
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