Read the Tea Leaves
Read the Tea Leaves
Understanding What Your Business Is Really Telling You
By Tom Farwell
Price: $12.95
Your sales are increasing. Your business is busy. Your numbers look good.
So why isn't there more money in the bank?
Read the Tea Leaves takes a different look at the everyday numbers behind a small business—and what happens when we draw conclusions from them without understanding how they fit together.
Through practical examples, straightforward arithmetic, and a little dry humor, Tom Farwell explores the relationships between revenue, profit, cash, inventory, customers, pricing, and time.
Along the way, you'll discover why a profitable business can run short of cash, why selling more doesn't always mean earning more, and why the amount of time an owner spends working can completely change the meaning of success.
There are no complicated financial models or promises of overnight success.
Just 21 chapters about asking better questions and understanding what your business is really doing.
Format: Downloadable PDF ebook
Length: 223 pages
Author: Tom Farwell
Read it at your own pace. Return to the examples whenever the numbers in your own business raise an interesting question.