Key #2 of 5 to Scaling Your Business - Have fun with numbers - Nehemiah Entrepreneurship Community

Key #2 of 5 to Scaling Your Business – Have fun with numbers

The most common area that many business owners don’t want to spend a lot of time in is the financial statements. That’s because most have not been formally trained in this area or have an interest in it. Unfortunately, it’s not enough to have a bookkeeper and/or accountant as you need to know the numbers for yourself. You don’t have to be an expert but you need to know enough so you can identify the weak spots in the business by looking at the numbers with the help of your accountant. Every piece of your business is represented in the financial statements so it’s important you understand how it all relates. You do this well and you will be able to identify what’s holding back growth and make adjustments accordingly. Ready to make your business grow? Listen to this episode.

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