Do you really know your business numbers, or do you have to call your accountant every time someone asks?
In this Quick Hit from The Biz Show, Barry breaks down seven financial numbers every business owner should know: revenue, gross profit, gross margin, operating expenses, net profit, cash on hand, and accounts receivable.
You do not need to be an accountant or financial expert to understand the health of your business. But if you own, operate, or lead a company, you should know what these numbers mean, how they work together, and what they are telling you.
Barry explains the numbers in plain English and, more importantly, why each one matters when you're making decisions about pricing, spending, hiring, growth, financing, and profitability.
If you don't know your numbers, you don't really know your business.
The Biz Show delivers practical, no-fluff business insights for entrepreneurs, founders, executives, and business owners.
Hosted by Barry and Lisa, Cofounders and Managing Partners of Investquire.
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