Nearly every small business owner I know shares one need right now: hiring the right people at the right time. This is no easy task, though, especially with today’s job market. There are a lot of different steps you can take to attract the top talent you’re looking for, but one you may not think of is the importance of knowing your numbers.
When you hear the word “forecast,” you probably think of the weather – and of how inaccurate weather forecasts can be. This is totally understandable! Forecasting in your business can feel the same, like you’re just making educated guesses and hoping they pan out… that is until you hone your skill of using your numbers …
How to Use Your Numbers to Forecast for Financial Growth Read More »
“Living on the financial edge” in business means not understanding your numbers and “hoping” that it all works out. It means there are times you are rushing around dealing with cash crunches or trying to fix cash flow problems. It doesn’t have to be this way!
Many business owners think of their Financial Team as the stewards of the company’s finances – the people who keep the books balanced and run reports. While it’s true that this is an important part of the responsibilty for this team, it’s definitely not the whole picture. Being strategic about building your Financial Team at different stages of growth is essential for the health and success of your small business!
