More Profits, Financial Metrics: Beyond The Profit And Loss Statement
Is your business’s financial health as strong as you think?
Your profit and loss statement might show the numbers, but it doesn’t always tell the whole story about your business’s health. In this episode of The Fat Kitty Fund, we’re diving into the world of financial metrics—the key indicators that go beyond revenue and expenses to reveal the true performance of your business.
If you’ve ever wondered how to make sense of terms like “gross profit margin” or “current ratio,” this episode is for you. We’ll uncover why these metrics matter, how to calculate them, and how they can help you make smarter, more profitable decisions.
What You’ll Learn in This Episode:
- What financial metrics are and why they’re essential for business success.
- Key metrics every small business owner should monitor.
- Simple, actionable steps to calculate and track these metrics.
- How to use financial insights to set goals and improve profitability.
- Ways to benchmark your metrics against industry standards using ATO tools.
Why This Episode is a Must-Listen:
Understanding your financial metrics can give you clarity, confidence, and control over your business’s future. This episode offers practical advice to help you move beyond just looking at profit and loss and start mastering the numbers that really matter.
Links & Resources Mentioned:
- Download your free Financial Metrics Cheat Sheet to easily calculate and track key metrics.
- Compare your metrics with industry standards using the ATO’s benchmarking tool.
- Recommended tools: Xero, QuickBooks, and MYOB.
Let’s Connect!
- Have a financial metric you’re stuck on? Book your free 15 min discovery call today
- Don’t forget to subscribe and leave a review to keep The Fat Kitty Fund growing!
Your Financial Sidekick,
Jess
