Financial Dashboard

#whatilearnedinbusinesstoday no 5

One on the best ways to stay on top of you business finances is to have a Financial Dash board that shows your business key performance areas. You should review it al least once a day.

Key performance areas

  • All your bank balances.
  • Cash movement for the month.
  • Cash movement year to date.
  • Condensed Profit and Loss statement for the month.
  • Daily sales history.
  • Yearly sales.
  • Customers Balances outstanding.
  • Supplier Balances outstanding.
  • Inventory on hand.