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How We Measure (and ensure) Our Financial Success
Manage episode 278678891 series 2719840
Durango Joes에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Durango Joes 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
It's Black Friday, when many businesses traditionally look at their books in hopes of watching their numbers go from red to black. With this in mind, we're talking about financial success at Durango Joes, and what we do to keep our finances healthy.
From weekly Cash Flow Statements and P&L Statements to monthly Balance sheets, knowledge really is power when it comes to controlling the financial future of your business. We talk about these, and the different metrics that every business leader should learn and understand for the success of their business.
Key Takeaways:
- Knowledge is power. If you don't know what's going on with your finances, you can't make informed decisions.
- Cash flow is king. Doing whatever you can to ensure a positive cash flow will bring you peace of mind.
- Know your expenses, both fixed and variable.
- The keys to a healthy cashflow are your leadership, location, efficiency, training, debt management, emergency & opportunity funds, and your ability to bring a smile and great attitude to the work you do.
Please take a moment to rate and review if you enjoyed this episode! Subscribe wherever you listen to podcasts for future episodes!
Learn more about Durango Joes at www.durangojoes.com.
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The Durango Joes Podcast is co-hosted by Joe Loyd, CEO of Durango Joes Coffee, and Trevor Ogborn, Owner of BRWD Up. Episodes are prepared, recorded, and edited by Trevor Ogborn.
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