Financially Simple

In episode 12 of Financially Simple, Justin talks about having the systems in place to track a small business's performance and success. There are two main factors that are looked at when it comes to selling a Business - the Financials, and Performance. Justin looks at these factors, breaks them down to their fundamentals, and explains how Business Owners can start keeping track of them to ensure the Business's success and sale. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TRANSCRIPT: Clear Financial Reports Entice Business Buyers – Post #12   TIME INDEX: 00:44 - Which Way Did He Go? 02:33 - Which Way are You Headed? 03:20 - Factors That Drive a Business Sale 05:12 - Putting Systems in Place 08:29 - Financials 09:08 - What Is a Balance Sheet? 10:05 - Why Does a Balance Sheet Matter? 13:57 - Operating Statements 15:20 - Net Profit Margin Ratio 16:45 - Return on Investment Ratio 18:29 - Inventory Value Ratio 20:31 - Benefits of Ratio Analysis 21:14 - Key