There is no denying that if you want to run your business smoothly and grow it successfully, you need to have an in-depth understanding of the financial aspect of your business.

I learned the importance of always being aware of the finances of my business when I was running my bookshop chain, Archway Books, across Northern England. It didn’t take too much time as I only needed to calculate the cash and add it to the spreadsheets.

However, this simple exercise always helped me know how my shops were doing in terms of sales. With this data, I could always Read More