Two Key Numbers You Need To Know To Manage Your Small Business
Source: American Express
When it comes to quickly evaluating how the business is doing, there are two numbers to pay attention to above all else. These two numbers tell very quickly how exactly the business is doing and whether or not there are any major looming problems. Both numbers are really easy to calculate, too. The first number is the average bank balance for the past thirty days. The second number is the average number of days to customer payment.