Understanding your numbers is non-negotiable for business success

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Understanding your numbers is non-negotiable for business success. Here's what every owner should know: 📊 Cash Flow vs Profit They're not the same! Profit is on paper, cash flow is what keeps you running. 📈 Gross vs Net Revenue Gross = total sales Net = what you actually keep 💡 The Balance Sheet Equation Assets = Liabilities + Equity It must always balance! These basics help you make informed decisions and spot issues early. What financial concept confused you when starting your business? #BookkeepingBasics #FinancialLiteracy #SmallBusinessFinance #BusinessOwners #CashFlowManagement #FinancialConcepts #BusinessAccounting #bridgepacific #xerobookkeeper

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Understanding your numbers is non-negotiable for business success

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