Does the word “accounting” make you want to run for the hills? It shouldn’t. Accounting is simply a ‘report card’. The aim is to take this report and turn it into a ‘scorecard’. Accounting or the ability to understand the numbers in your business is an essential part of your business, and is no more complicated than learning to read the scoreboard of your business. This scoreboard is critical in not only giving you a snapshot as to the state of health of your business, but of equal importance is that through it you will commit to less management decisions that lead to a loss of precious resources, and more decisions that lead to elevated bottom line profits.
Business is an intellectual sport. It is time you developed a better way of making more right decisions.