The one report I see most business owners don’t look at very often, if ever, is their balance sheet. The bummer is this – that means they don’ know two of the most important numbers that will help them grow a successful company.
It’s not because their lazy, or don’t care. Mostly it’s because they don’t know how to interpret what it says, or how to use it.
Is this true for you too?
In this week’s video, I show you what those two numbers are, and how to use them to build a stronger, more profitable business.
By the way – these are the 2 numbers your bank looks at to determine if they will extend you credit.
In addition to watching the video, you can also download my guide on “How to Read Financial Reports.” It explains exactly how to calculate these 2 numbers and more.
p.s. if you found this post valuable, will you please share it with your network? Thanks!
Vicki Suiter helps people see their businesses differently, then gives them the tools to do things differently. Since beginning her business in 1990, Vicki has helped hundreds of contractors achieve the kind of success they never dreamed possible. Today, in addition to consulting, Vicki is an in-demand speaker at industry conferences nationally and internationally. Vicki’s articles and opinions have been widely shared in print and across the web. She is also the author of the book “The Profit Bleed” How managing margin can save your contracting business.