WARNING: This week’s #BlackboardFridays Episode uses mathematics and 3 different coloured chalks. Entrepreneurs with ridiculously profitable businesses are encouraged to look away now!
For the rest of us mere mortals, it’s time to face the truth: knowing our numbers usually leads to having higher numbers at the top of the bank account, and the bottom of our P&L statement.
Your journey to greater profit and improved cash flow begins by understanding the real capacity of your business, your team, to generate revenue. Not some mythical perfect world scenario, and definitely not whatever level of mediocrity some of your team consider business as usual.
Knowing that one number can open your eyes to new opportunities. And it starts by calculating your capacity in one of the ways I explain, in simple terms, in this week’s episode.