7 Reports You Must Run with Guest Clint Brown - Part 1

7 Reports You Must Run with Guest Clint Brown - Part 1



If you own a business, there are seven reports you MUST run according to one of my business coaches, Clint Brown. Coming out of a year like 2020, we business owners have had to shift and adjust so these are the things you should be running and reviewing weekly, monthly, quarterly and yearly to feel more empowered in your decisions.

 

Income Statement

Also called “Profit and Loss”, this report tells you if you’re making money!

Run and review this report every month for previous month.

 

Balance Sheet

What is your business worth?

Run and review this report monthly, quarterly and yearly.

 

Aging Accounts Receivable

Very important health metric.

The time difference between delivery and payment for a product/service.

Run and review this report weekly and monthly.

 

Cashflow

How your money moves in/out

Run and review this report monthly.

 

Revenue by Customer

Knowing top customer vs. bottom customer will help illuminate your marketing.

Run and review this report monthly.

 

Helpful Links:

  • SCORE (free reporting resources)

 

Your Next Steps:

We got this Encouragers!