In this episode of Nail the Numbers, I emphasize the critical importance of understanding your numbers for business success. I discuss the three main areas: cash flow management, boosting profitability, and making informed financial decisions.

Takeaways:
✅ Knowing your numbers is critical to the success of your business.
✅ Cash flow management is essential, even if it's not enjoyable.
✅ Revenue is important, but net profit is what truly matters.
✅ You need to track your expenses and job costs regularly.
✅ Make informed financial decisions based on accurate data.
✅ Having multiple bank accounts can simplify cash flow management.
✅ Regularly review your pricing to ensure profitability.

#homeservicebusiness #bookkeeping #moneymanagement #hvac #profitfirst #businessowner #hvacservice

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