For many small business owners, managing finances is the most difficult part of running a company. Part of it stems from anxiety. Think about the number of people in life you have met who say, “I’m not good at math.” The reality is that you don’t have to be able to do complicated algebraic formulas to be able to figure out your profitability. It’s actually quite simple; your profit is equal to your revenues minus your expenses. If you generate more than you spend, your...
This post first appeared on Small Business News, Help And Financing - Blog B, please read the originial post: here