There are many moving parts to owning a business and a lot [...]
ActionCLUB CashRICH video 2 of 2. Whether you are an accounting whiz or not, you need to know your numbers when it comes to net and gross profits and margins in your business.
If you want predictable cash flow in your business you've got to learn what to measure in order to get there. There are some KPI's (key performance indicators) that you can measure that will allow you to meet your goals and level out the highs and lows when it comes to cash flow. Break even points are another measurement that allows us to know when we have our bills covered monthly, AND to know we can be paid ourselves. We teach these methods in ActionCLUB. ActionCLUB is a 6 month training series where we meet in person twice monthly and learn all levels of running and owning a business. Predictable cash flow can ease a lot of stress and allow us to focus on other important areas in our business. Be our guest at ActionCLUB.
What keeps you on target? You might want to find that out. [...]