As a small business owner or professional running your own practice, you didn't sign up to be an accountant did you? That's why you hired one - to do your books for you while you got on with providing solutions for your customers, either a great product or a great service. However, you can't run away from the numbers.
You want to make a profit right? So, you want to make a profit but you'll leave the numbers to your accountant? How does that work? How does that work if you only see your accountant once or twice a year? How does that work if they are not the type of accountant to give you proactive management information? Are you even making a profit?
Here are 10 financial facts that you should know about your business. (more…)...
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10 Financial Facts You Need To Know About Your Business
