Reality Check

We are only 1 ½ months away from mid year and it’s time to take a reality check. Ask yourself these questions:

1) Do you know if your business is showing a profit?
2) When is the last time you reviewed your Profit & Loss?
3) Do you know how much it takes to run your business every month?
4) Do you have a cash flow plan?
5) Are you expenses inline with your income?

If you don’t know the answers to these questions you are running blind. How will you be able to manage the cash flow for a decline in business or prepare for growth? It’s time to embrace the facts, NOW.

If you know the answers what are you doing with the information? Making adjustments monthly? Strategizing for growth? This information can be the pathway to taking your business to the next level.

Don’t let the numbers intimidate you. Or overwhelm you. The beauty of numbers is if they are entered correctly they do not lie. They tell you exactly what is going on in your business. Use them as a tool as you are constructing your business.