Financial ratio guide: understand the real performance of your business. Discover the financial ratios you must know to understand how well your business is really tracking.
Do you know how well your business is really performing? What are the key financial ratios you should be monitoring?
Too often, businesses look at their revenue or profit as the sole indicator of their performance. However, a business can be profitable and turning over good revenue—and still run into trouble.
Unless you are watching these key financial ratios, chances are your business is flying blind.