August Newsletter - Reflection
Charese Chambers
Small Business CFO - Owner/Founder Financial Fancy - Creating strategy for Entrepreneurs and their vision and get in compliance behind the veil. ?? Winning Business Coach/Mentor
Hey there,
Can you believe it's already time for the kids to go back to school?!
Summer has been flying by, so you maaaay not have realized we're coming up on the halfway point of Q3!
So it's time to ask yourself...
Are you on track to meet your annual business goals?
If you've fallen victim to the Summer Slump Syndrome, you're not alone! This is your gentle reminder to get back into the swing of things + finish up 2022 strong. I want to help you reach your goals!
In the spirit of back to school, welcome to my class: Key Performance Indicators 101!
First off, let's define KPIs: these are metrics based on your financial statements designed to help benchmark your business's performance. Your KPIs can indicate whether you should take short-term action, or whether you're on track for long-term success.
What are some KPI's you should know for your business? You'll commonly hear entrepreneurs talk about their net profit margin, current ratio, and return on investments.
With up-to-date financial statements, you can calculate all of these ratios on your own! Check out my guide to find the formulas you'll need.
If you would like the financial statement to help to make sure you get back on track or make goals to exceed your financial goals. Free feel to reach out to us at www.financialfancy.com
Have a great day on purpose,
Your Small Business CFO
??Driving Growth & Innovation in Senior Living | Director of Business Development | #kiscoseniorliving #seniorliving #businessgrowth
2 年Woohoo! You go, woman! ??