What a wonderful word especially right around tax time. Numbers are such a vital part of every business.
We must know the number of sales, the number of clients, the numbers in our budget and the numbers we put aside every month for a rainy day.
How intimate are you with your numbers? Do you know your conversion numbers? How much more is coming in than going out? How about your break even numbers or the numbers that would shut you down and loose everything? If you have a business and you don’t know your numbers, this worst scenario is more credible then you think. It’s like owning a corner store and never knowing your inventory or what’s in your cash register.
I asked my accountant one time “what software do I use, there’s apps, there’s leading programs there’s even digital devices, what do I use?” “Just a pencil and a ledger is all you need” she replied (simple and back to the basics, what a novel idea). “Find something simple that works for you and use it consistently” she repeated.
And once you know your numbers better then you know yourself, keep checking in with them to be sure they are on track, on target and on time. When will you start?