In this episode of Nail the Numbers, I emphasize the critical importance of understanding your numbers for business success. I discuss the three main areas: cash flow management, boosting profitability, and making informed financial decisions.

Takeaways:

✅ Knowing your numbers is critical to the success of your business.

✅ Cash flow management is essential, even if it's not enjoyable.

✅ Revenue is important, but net profit is what truly matters.

✅ You need to track your expenses and job costs regularly.

✅ Make informed financial decisions based on accurate data.

✅ Having multiple bank accounts can simplify cash flow management.

✅ Regularly review your pricing to ensure profitability.

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