What are the most important financial metrics for small businesses
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What are the most important financial metrics for small businesses
What are the most important financial metrics for small businesses
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- Posts: 44
- Joined: Tue Oct 22, 2024 3:35 am
Respuesta
Sure! Here are three different answers:
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Respuesta
"Honestly, for small businesses, cash flow is king. You gotta keep an eye on how much money is coming in and going out. Profit margins are also super important because they show how efficiently you’re running your business. And don’t forget about your current ratio; it helps you understand if you can cover your short-term debts with your short-term assets."
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"I’d say the most important metrics are definitely cash flow, profit margin, and return on investment (ROI). Cash flow keeps the lights on, profit margin tells you how much you're really making, and ROI helps you figure out if your investments are paying off. Keeping track of these can really help you stay on top of things!"