Use Key Ratios to Run Your Business (And Your Government)

Face the facts and face them often.

Know how your numbers work.  Hattie introduces us to Jim Schell and the first of the seven key ideas within this episode.  How do you answer the question, "How's business?"

Jim Schell says that there is no excuse for any business owner to be in the dark about the health of his company.  With the accounting software available today, what Jim had to wait for his CPA to do for him, an owner can now do everyday!  You can produce a financial report at the click of a button if you are consistently adding the data you need to measure yourself.

Not  watching the numbers can get you into more trouble than your tuxedo being too tight.  If you don't run your business with the numbers you must consider the business a hobby or you're rich enough already not to have to make profits.    Homepage...