Week 13 (Day 2): Financial Ratios for Small Businesses
Day 2: Understanding the Significance of Financial Ratios
Week 13 Day 2 Action Plan
Welcome to Week 13 of our Financial Management Series! This week, we are diving into the world of financial ratios—a powerful tool for assessing the health and performance of your small business. Let's unravel the significance of financial ratios together.
Take Action: Welcome to the World of Financial Ratios!
Reflect on your current knowledge of financial ratios.
Identify specific areas in your business where understanding ratios can be beneficial.
Helpful Tip:
Financial ratios provide insights into your business's financial health and can guide strategic decision-making.
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What are the highest leverage areas in your business?