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Small business owners need to know their financial numbers

Source: gosanangelo.com - Oct 8, 2018

It is important for a small business owner to know their numbers. This means being able to recall financial numbers that are crucial to the operation. Sales, amount of cash in the bank, labor costs, current accounts receivable aging, and average client ticket amount are all examples of financial measures that could be important for a business owner to know and quickly recall. These measures could be different depending on the business and industry.

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Category: General Business

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