7 Key Financial Ratios Small Business Owners Should Know
As a small business owner, you have to juggle a lot of tasks in your day-to-day struggle to keep the doors open and the bills paid. Ever present in this juggling act is managing the money matters for your business. Understanding, a shortlist of just 7 key financial ratios can help you focus on the important health aspects of your business—cash flow, efficiency, and profit. They can be used to analyze trends, compare your business to competitors and measure progress towards goals.
