34 min

Contractor Finances (1/2): Understanding Your Numbers Contractor Cuts

    • Entrepreneurship

In this episode of Contractor Cuts, we kick off our series on Contractor Finances with a crucial topic: understanding your numbers. Many business owners make the mistake of only checking their bank account balance to gauge the health of their company, but this can lead to failure and even bankruptcy. To truly understand the success of your company, it's essential to know key financial metrics such as True Revenue, Profit and Loss, and Profit Percentage.Tune in to this week's episode to learn ...

In this episode of Contractor Cuts, we kick off our series on Contractor Finances with a crucial topic: understanding your numbers. Many business owners make the mistake of only checking their bank account balance to gauge the health of their company, but this can lead to failure and even bankruptcy. To truly understand the success of your company, it's essential to know key financial metrics such as True Revenue, Profit and Loss, and Profit Percentage.Tune in to this week's episode to learn ...

34 min