Small Business Report Card
This number-crunching study guide has the answer.
Sometimes your energy is so focused on day-to-day operations that you forget to step back, look at the big picture and gain valuable perspective. How can you tell if your business is performing well? By using numbers from your company’s financial statements, you can calculate ratios and formulas that grade the performance of your business.
The TSBDC provides this and other guides for you to use at tsbdc.org/downloads.
Here is what you will find:
- p.4 — Asset Management: Learn how to effectively measure what fuels your business.
- p. 5 — Liquidity: How “cash rich” is your company?
- p. 6 — Debt Management: How much have owners vs. Lenders invested?
- p. 7 — Profitability: How are you doing turning over a profit?
📌 Access the complete guide created by the TN Small Business Development Center here.