A client called me with their ideas for a new product line along with the statement, “We are going to sell widgets to all the widget providers and we aren’t going to focus on the direct sale anymore.”
Every business owner must know their numbers.
I know, I know… you hate to look at the numbers, it’s boring. But really, is that an excuse not to look? How can you make effective, informed decisions without knowing your numbers? Can you answer the following questions without too many manual calculations? Is this information easily accessible on demand?