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Why Knowing Your Numbers Matter: Real Life Examples From Successful Business Owners

Biz Money

Have you heard that knowing the numbers in your business is important but you’re not quite sure why? And since you’re not entirely sure of its significance, it’s highly likely that you are neglecting a very critical part of running a business. New business owners and start-ups tend to make this very common mistake. They’re just not aware (or simply don’t care) about the numbers until things start to go down the drain. 

When starting a new business, it’s easy to get lost in the adventure of it all. You focus on the vision that you have for your product or your service, and how you can make your audience see that vision. That’s not exactly a bad thing. After all, I always say that it’s important to not forget our WHY when doing business. However, having a dream is different from having a concrete plan that will make that dream a solid reality. Having a full grasp of the numbers in your business and knowing how to run those numbers are vital for that concrete plan to not crumble into pieces.  

In this live, I’ll be sharing some important lessons from actual clients that I have helped. You might even find that you’re in the same spot now as these business owners before they decided to seek help in figuring things out. Even if you’re not, these real-life examples can serve both as a lesson and an inspiration to business owners everywhere.  

The important reasons

I’ll be discussing the following reasons as to why knowing your numbers matter bigtime when it comes to running a successful business: 

  1. Find Mistakes  
  2. Make Tax Time Easier  
  3. Avoid Personal Audits  
  4. Refocus Your Efforts 
  5. Make More Money 

Tune in to see these real-life examples from actual business owners who radically changed their businesses with just 30 minutes of diving into the numbers.