Do You Know What The Key Financial Indicators Are In Your Business?
More On This Topic: Los Angeles Expat Tax Preparation Services By Salim Omar, CPA Most accountants will only keep track of historical numbers like gross sales, gross margins and net profits. While these can be useful, there are other equally or more important numbers that should be kept track of that most old school accountants are not aware of. You cannot improve factors that you cannot measure within your business. The sad fact is most business owners have no idea what their numbers are. And that means theres no good reason they should expect their business to improve because they lack a way to measure the results! Perhaps the most important financial indicator to know is the net cash flow of your business on a monthly basis. When cash runs out, the business most likely has to resort to closing its doors. If cash is termed by many as king…
Chicago Car Dealers Insurance, Coverage Issues And Prices
More On This Topic: Best Expat Tax Preparation Services California By Ed Sneineh Chicago Car Dealers Insurance, Issues And Prices Do all used car dealers need insurance? Definitely. All new and used car dealerships will need to have some sort of garage insurance policy that must be filed with the state by the insurance carrier. A cancellation of their insurance policy will end up in a suspension of their business license granted to them by the state. Used car dealers insurance in Chicago is the law. What form of coverage do you need? Necessary Coverages: [youtube]http://www.youtube.com/watch?v=dfDvnSTCmuw[/youtube] Car dealers need a garage liability policy covering the business as well as the workers, sales persons of your business (who must also be listed on the policy) in the events your business conduct as a car dealer result in damages to the properties of others or harm to their body. Neither you, nor…