Why you should ignore your numbers

Why you should ignore your numbers

    So, if you’re someone who hates numbers I have five reasons Why you should ignore your numbers. Firstly, if having no clarity or focus in your business sounds appealing to you then by all means continue to avoid looking at your numbers. Secondly, if...
Understanding assets and liabilities

Understanding assets and liabilities

One of the most important aspects of a business is understanding its business assets and liabilities. Assets are what a company owns and can use to generate income, while liabilities are amounts the company owes to others. In order for your business to be successful,...
Explaining assets and liabilities

Explaining assets and liabilities

    Explaining assets and liabilities is my mission in this weeks I Hate Numbers podcast, episode 140.  It’s not recommended practice, certainly mine,  to operate without considering its assets and liabilities. However, what do these terms actually mean?  In...
Understanding gross profit

Understanding gross profit

Business owners, Understanding gross profit should be on your list of need to know . Gross profit is one of the most important financial measures, this video will Firstly, explain what it is Secondly, tell you how to calculate it Thirdly, contrast mark up and margin...
Explaining gross profit

Explaining gross profit

    Explaining gross profit is my mission this week. Gross profit is the amount of money you make after subtracting the cost of goods sold from your total revenue. This number tells you how much money is left over after you’ve covered the costs...