Week 13 (Day 3): Financial Ratios for Small Businesses

Financial Analysis and Decision Making
Written By Brandy Sparkman

Day 3: Key Financial Ratios Every Business Should Know

  • Take Action

  • Helpful Tip

  • Free Resource

Week 13 Day 3 Action Plan

Today, we explore key financial ratios that every small business owner should know. These ratios serve as valuable indicators of your business's financial performance.

Take Action: Essential Financial Ratios

  • Familiarize yourself with essential financial ratios such as liquidity, profitability, and efficiency ratios.

  • Reflect on how these ratios can provide valuable insights into your business operations.

Helpful Tip:

  • Regularly monitoring key financial ratios can help you spot trends and make informed decisions.

Free Resource:

Stay in Touch

Which ratio do you think you will try first?

Until tomorrow, happy financial management!

 
Brandy Sparkman
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Week 13 (Day 4): Financial Ratios for Small Businesses
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Week 13 (Day 2): Financial Ratios for Small Businesses