Money never sleeps. If it isn’t making you money, it’s costing you money. If you buy stock in a company and after a few years it quits growing or paying dividends, you get rid of it. Right? The same is true of equipment. Letting equipment sit idle is like stashing money under a mattress.
That’s why we hope you’ll take these tips under advisement. The numbers matter and for that reason, spreadsheet all of the important ones and regularly analyze them.
Remember: If you don’t know your numbers, you could be broke and not know it for six months.