Are your Numbers like the Elephant in the Room?
I may not be the first person to call the elephant in the room. But I am the first person to call the numbers.
Are you treating numbers like elephants in the room, where they are looking at you while you try your best to ignore them?
What is it about the numbers that freaks you out?Â
I’ve found the top 7 reasons why people don’t look at the numbers
1. IS IT THAT YOU DON’T WANT TO KNOW WHAT THE NUMBERS ARE?Â
This usually arises when you’re struggling; cash flow is a challenge, you’re stressed out, losing sleep at night and worrying about how to pay the wages, the rent, the bills and taxes. When times are tough, and you already know that, the last thing you want to do is look at the numbers and make yourself even more depressed when you see just how bad the situation is.
2. IS IT THAT YOU DON’T UNDERSTAND WHAT THE REPORTS MEAN?
A lack of knowledge is the cause of many a case of numbers being ignored. The reality is that the vast majority of people go into business with no educatio...
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