1
Knowing you break-even point
It’s essential to know how much you need to sell to break even.2
Cash flow forecasts
You need to know how much money is coming in and going out.3
Cash Reserves
Do you have a financial buffer?4
Managing Debt
Are your customers paying their bills on time?5
Your Own Debt
Making sure you’re keeping on top of your own bills.6
Is There Anything Big Coming Up?
You need to be aware of any big financial issues that could be looming in the future.7
Are you Making a Profit
Are you making money on everything you sell or do?8
Early Warning Signs
Do you keep a close eye on all your business operations?9
Sales Performance
It’s important to monitor your sales performance on a monthly basis.10
Good Advice
Do you have business mentors and advisors you can turn to when tough decisions need to be made?