Most Vital metrics for businesses are:
Most Vital metrics for businesses are:
– The cash which is immediately available
– Cashflow projections including projected turnover
– Debtors – money owed to your business
– Creditors – money your business owes to others, mainly suppliers and banks
-Sales tax and payroll liabilities
– Income and other tax liabilities for future year and upcoming years
– Equity ratio – seeing whether your equity is building over the years and where your money employed
The basic formula is: Automation + Real-time clean data = Current financial information