Page 7 - Business Builder Core VP
P. 7
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Financial Indicators
P&L, balance Sheet and Cash Flow
• Analise and review statements
As the owner or manager of a business, of course you are very busy, but it pays to step back and plan for your financial future. Take the time to forecast, plan, and budget.
Financial Manage ment
Product profitability
Develop a budget
Annalise all expenses
• Ensure they are linked to profit generating activities
• Annalise customer and product profitability
• 12 months detailing revenue and margin targets
Establish
monthly meetings
• review and plan around your financial statements
