The 9 Most Important Financial Numbers Explained
Check out our summary of the 9 most important financial numbers you need to know, and why your small business should watch them regularly
Check out our summary of the 9 most important financial numbers you need to know, and why your small business should watch them regularly
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2. Net Income<br />
Also known as net profit or net earnings, your net income is very<br />
much related to your cash flow. This is a good indicator of how<br />
your business is doing, as it will help determine if you need to<br />
adjust your business, or if you are on the right path.<br />
Your income – expenses (including taxes) = net income<br />
Knowing this number will help you determine the financial<br />
position of your business.
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