If your income statement is making your head hurt when you see it, it's probably because there's way too many numbers that's not organized in a meaningful way to you. Here's 5 simple changes that you can make in 15 minutes to your income statement to make it easier to understand for growing your profits...
What are the key metrics that highly profitable companies look at to increase their profits? Here are the 3 that you'll need to look at in 10 minutes each month to know your next steps for improving your profits...
You offer multiple services, but are they as profitable as you think? Often, owners don't include all the costs in calculating profitability. The danger is if the services that you think are most profitable and you focus your efforts on growing it, only to realize later that the profitability is actually much lower than what you thought...this means you lost time and effort on growing something that gives you lower ROI. And you could've accelerated your profits growth if you focused on other more profitable services that you already offer. To avoid this danger, here's how you can ensure you're calculating your profitability of each service offering correctly...
