My Business On Purpose

Business owners are in a constant state of wondering to what depth they “share the numbers” with employees regarding revenues, budgets, profit and loss statement, and/or balance sheets. A client relayed a story of their administrator going to the mail and coming back with a check for $38,000 to which the administrator looked straight at the owner and said, “Wow, your going to be able to do a lot with $38,000.” Ugghhhh. Business ownership is challenging enough and demands continual responsibility around the health and well-being of employees, budgets, products and services, marketing, sales, customers, and clients.  It is a game that does not stop so how can you relay financial information in a way where employees can begin to understand and positions each employee to see how their work has direct impact on both the top and bottom financial lines of the business? First, you must have clarity on your numbers.  Owners that “wing it” with the finances will scale down their confusion.   Every business owner must c