Know Your Numbers

Build A Financially Thriving Business
Lesson 1: Take Stock of Your Current Financial State



The purpose of this lesson is to help you understand how money moves within your business. The more you understand about your current efforts, the better leverage you have for effective decision-making. You want to make sure that you know what's going out as well as you know what's coming in. Building a financially thriving business needs both.

You'll learn to:

Categorize and organize your financial data

Calculate what percentage of your revenue is eaten up by your expenses per category

Build your income statement

Calculate your net profit margin

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