Your Financial Dashboard - 5 Key Metrics to Help You Take Control of Your Business

Your accountant has finished preparing the financial statements for the period, the Income Statement and Balance Sheet, and they are now staring you in the face. I think everyone knows the first figure to look at. You go to the very last line of the Income Statement, to see whether your efforts produced a profit or a loss this period - but then what? This article gives you five key metrics to consider; all you need is a sheet of paper and a basic calculator. They are easy to calculate but very powerful; they can lead to major improvements in your business if they are correctly interpreted and applied.

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