Do professionals ever play a game without keeping score? Right now baseball fans are keeping track of strikes, balls, outs, and runs, waiting to see who will win the World Series. What do your numbers say? Do you keep close tabs on them?
It used to surprise me how many business owners didn’t keep track of their own scoreboards. It doesn’t surprise me anymore, simply because it’s so common. But it shouldn’t be!
EXPERT TIP | Gary Furr, Organizational Development Consultant:
The numbers drive everything in your business and as a business owner you need to fully understand the numbers and what they mean. The only way to know if you are winning the game of business is to understand your financial numbers.
Ignoring the numbers is like playing a guessing game with your future (and your employees’ futures). Understanding how the P&L, balance sheet, and cash flow projection work and keeping up with what those numbers say is the way to continue to steer your business toward greater success. If you want to grow your business by better understanding the language of numbers, you can find help in Chapter 9 of my book.
With over 40 years of C-level business experience and an MBA in organizational development, I am uniquely qualified to help you achieve success in your business. Give me a call to set up a free consultation: 503-312-3145.
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