EPISODE · Dec 23, 2020 · 31 MIN
07. The 7 KEY numbers to business success
from The Accidental Business Owner - For Conscientious Owner Managers looking to Grow | Scale | Exit. · host Jay Allen
When it comes to financials there are at least 7 financial numbers you MUST learn, know and understand in order to successfully manage and SCALE your business. This enables you to work confidently on your pricing but ensures you are not missing opportunity or inadvertently transforming your business into a charity! Understanding your critical financial numbers may not be as exciting as making a big sale but keeping an eye on these must-know figures will give you precious peace of mind—and a glimpse of what the future holds for your business. It always alarms me the amount of business owners that DON'T know these numbers within their business, and reply on the end of year accounts to learn if all their time and effort for the last 12 months actually amounted to any net profit! I'll also share: The role your customers have on your key numbers 14 of the most common pricing strategies The 4 key considerations when determining the right strategy for you And 13 tips on Pricing for profit All brought to you, by My TrueNORTH - The UK's leading Ethical Coaching Company, as part of our Mission to help 1,000,000 Business Owners to #ADDAZERO to your Personal Disposable Income! To get started, simply take our: FREE Scalability audit and learn the current scalability of YOUR business
What this episode covers
When it comes to financials there are at least 7 financial numbers you MUST learn, know and understand in order to successfully manage and SCALE your business. This enables you to work confidently on your pricing but ensures you are not missing opportunity or inadvertently transforming your business into a charity! Understanding your critical financial numbers may not be as exciting as making a big sale but keeping an eye on these must-know figures will give you precious peace of mind—and a glimpse of what the future holds for your business. It always alarms me the amount of business owners that DON'T know these numbers within their business, and reply on the end of year accounts to learn if all their time and effort for the last 12 months actually amounted to any net profit! I'll also share: The role your customers have on your key numbers 14 of the most common pricing strategies The 4 key considerations when determining the right strategy for you And 13 tips on Pricing for profit All brought to you, by My TrueNORTH - The UK's leading Ethical Coaching Company, as part of our Mission to help 1,000,000 Business Owners to #ADDAZERO to your Personal Disposable Income! To get started, simply take our: FREE Scalability audit and learn the current scalability of YOUR business
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07. The 7 KEY numbers to business success
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