Overview

Over the years I have found that many business owners:

1. Are uncertain how much it costs to run their business
2. Have little understanding of the finances of the business
3. Measure the success of their business by how much money is in the bank
4. Make business decisions by relying on gut instinct

Successful business owners:

1. Keep their financial records up to date
2. Know how to interpret their financial statements
3. Set aside surplus funds to provide for growth and/or unseen expenses or cash constraints