Maybe you have been in business for quite a while and have most things figured, but how much are you really making?

With so many variables, fixed costs, and “things that challenge your earnings” it can be hard to tell what the take home earnings are.

If you have fixed costs it pays to make sure you have those covered, and knowing how much you need to earn per day (min) to cover these. Recently I met a business person that was sure he was making a profit but in reality he had a surplus, and with added costs from variables he was actually only making a very small profit.

Your business requires you to know if you are making a profit so that longer term planning can take place, otherwise you may find yourself in a tricky business position and wonder how on earth it happened.

Take care to measure carefully what’s happening so you too can get ahead and explore the growth possibilities your business can offer.

Stumble it!