Financially Simple

To effectively run a business there are a number of systems and workflows that should be implemented from the beginning, to ensure smooth business processes, and avoid headaches later on! Justin briefly goes over each of the various systems and explains the what and why. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!  ARTICLE TRANSCRIPT: BLOG: Workflows & Systems - Essential Ways to Improve Business Efficiency   TIME INDEX: 00:30 - What Are the Basic Systems that I Need in My Startup Business? 00:59 - Accounting 04:54 - Balance Sheets 08:32 - Operating Statements 11:08 - The Net Profit Margin Ratio 12:35 - Return On Investment Ratio 14:17 - Inventory to Sales Ratio 17:02 - KPI 20:23 - How do We Find these KPIs? 23:55 - Workflows 32:26 - Signing Off   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter _________ BIO:  Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recogni