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Every entrepreneur should be able to speak the ‘language of money’!
The first step to understanding your business numbers is keeping track of data.
We’ve listed below what you should keep track off. If you have a system, to record this. It can help you boost your business later on down the road. You can use something as simple as MS Excel or a CRM which will make it easier. See the free HubSpot CRM here
By looking at these number. You’ll exactly what’s costing what. What adverts are bringing the most money in. What you can tweak to multiply your income. And stop any money from leaking out.
Later on you’ll need to track the following
Many new and existing business owners ignore these numbers. But this is a fatal mistake to any business. You’re in business to make money. And money is all about numbers. You must take your time daily to understand your numbers. It will only take a matter of minutes. If you don’t track them, you can struggle in the future because you won’t understand what’s working and what you need to fix.
If you’re looking for help to grow your business. Fill the form out. And we’ll give you a ball back to see how we can help.