Updated: Jul 29, 2020
Time management is not only for entrepreneurs, it is for every individual who has a goal in life; it is a skill. Now, regardless of the size of your business, my advice is to set a time to look at your numbers at least once a month for a couple of hours. Most businesses have an advisor or a bookkeeper whom they trust and rely on when it comes to understanding the numbers. But here is the thing: You need to have some degree of financial literacy. This is YOUR asset; dive in, ask questions, learn to read your financial statements, this is the only way to stay in control. We recommend that you meet with your advisor/accountant/bookkeeper at least every quarter and review your financial reports together. Plan for the next quarter to get a clear vision of where your business is going and discuss any growth opportunity.
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