The 3 Numbers Every Business Owner Must Track

A business can be busy, growing revenue, and still be going backwards. Today we share a framework we use to judge business health properly, covering cash flow, profit margins, and the personal wealth piece most owners ignore. It’s a clearer way to tell what’s working, what’s not, and what matters next.On this episode, we discuss:00:00) Intro(02:34) Three Key Numbers Every Business Owner Must Watch(04:03) Revenue Is Vanity, Profit Is Sanity: The Cash Is King Rule(06:07) Profit vs Cash Flow: Understanding Dividend Payouts(08:23) The Power Of Recurring Revenue And Retainer Models(10:15) Data-Driven Sales: Using Lead Conversion To Predict Revenue(16:42) Decoding Margins: Gross Profit vs Net Profit Margins(19:45) Benchmarking Your Business: How Do You Compare To Competitors?(23:47) When To Increase Your Fees Without Losing Customers(28:35) Personal Wealth Strategy: Building Assets Outside Your BusinessCheck out the free resources from Inovayt here.Send us an email: [email protected] Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonThis podcast is produced by VIDPOD. Check out our new website thenumbersgamepodcast.com.au. Browse the full show catalogue, jump straight to specific moments on the topics you love, or leave us a voice note. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.