Terminology Time – A Guide to Knowing Your Numbers, Part 1
You must always know your numbers in your business. IF you do not know your numbers in your business, then the business is just a hobby. I know that sounds harsh; it’s the reality. This doesn’t mean to give up, but rather lean into and embrace your numbers. Let them tell you a story!
Sometimes revisiting the basics makes all the difference in evaluating your company, your progress and ultimately your growth. Setting yourself up to know your numbers is key. It can be daunting to learn the terminology and the breakdown of what matters and why, so I am sharing a guide to walk you through the basics of understanding your numbers.