Learn these basic concepts and know them off the top of your head and you will be in a much better position to converse with those interested in knowing about your business!
Good financial management is vital to small business success. The money people know it and will therefore be more responsive to funding requirements when they see that management has full comprehension of all aspects of the financials reports.
This is one of the most important decisions you will make for the future of your business. It is not as much fun as shopping for a car, but it is far more important to your success.
