Running a business without tracking key financial metrics is like driving with your eyes closed. Dangerous territory! 📊 Top metrics to monitor monthl
Running a business without tracking key financial metrics is like driving with your eyes closed. Dangerous territory! 📊
Top metrics to monitor monthly:
• Cash flow (your business lifeline)
• Revenue growth trends
• Gross profit margin
• Operating expenses ratio
• Accounts receivable aging
Pro tip: Set up a simple dashboard in Xero to view these at a glance. Taking 20 minutes each month to review these numbers will transform your decision-making.
What financial metric gives you the most clarity in your business?
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