Celia Powell - "By the Numbers"
IBGR.Network - PROFIT Radio...Grow With Us
Hello my friends and welcome to a new week and it’s Thanksgiving this Thursday! It’s my hope that our Business Owners at IBGR Network will have some wind down time away from business to focus on making memories with the special people in your life. We have a few announcements to make about growth of the IBGR Network.
First, We have a new app that you must download, go to our website at IBGR.Network. Download so that you can participate in all the good stuff we have for you! Now you can take us wherever you go!
Second, Current country count = 145 of 195 (74%).
Lot’s of things to think about in this COVID-19 business environment that we are existing in today! We have to remember that even in the midst of this pandemic, we have to remain focused on how and what impacts our businesses. Most everyone has been impacted by this and we must make sure we take good care of ourselves, so that we can better take care of our businesses, so I encourage you to take time for selfcare, do what’s necessary to keep you healthy and able to lead your businesses more profitably.
One of the things that serves a dual purpose of self care and professional development is to make sure that I continue to learn about my industry and services. I attended a virtual conference that I’ve also attended back in the day 2017 in person live, at Quickbooks Connect. This year’s theme “We Go Further Together”, which also reinforces the theme we subscribed to at IBGR.network. Many key takeaways, tools and lots of inspiration to keep you and your business going into the next phase!
Check these articles out as reference points:
Show Objectives - The Why
Paying attention to the financial performance of any business is key to survival and keeping them healthy. Financial reports are the portal which gives us the ability to do a check up and check into how we operate, earn profits that can build financial reserves, that allow us to buy capital to expand.
Financial reports are the lifeblood of a “real” business and “real” is not determined by scale but by the best practices it deploys into its activities. The financial information that we will discuss today should be reviewed by the business owner. CPAs, Accountants and Bookkeepers are best trained to prepare and support the business owner to interpret the results their financials produce.
Key Issues - Owner Perspective:
What You Need to Know - The What
What You Need to Do - The How
Previous: EPISODE F3-4.007 WHO ARE YOUR MOST AND LEAST PROFITABLE CUSTOMERS?
Next: EPISODE F3-4.009 Financials for the Stage IV Plan
Written by Celia L. Powell, CPA
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