7 Financial Numbers Every Small Business Owner Should Track

Seven financial metrics small business owners should track, including revenue, gross profit, net profit, operating expenses, cash flow, accounts receivable, and accounts payable.

Running a small business involves more than making sales. In addition, you need to understand what those sales are producing, where your money is going, and whether your business has the resources to meet its obligations. Fortunately, you do not need to be an accountant to begin understanding your finances. A handful of regularly reviewed […]