66: Is Your Business Actually Profitable?

In this insightful lesson, we delve into the crucial aspects of assessing your business's financial health, focusing on understanding the true profitability and economic performance of your company. If you're relying solely on income statements to gauge your financial success, you might be overlooking key insights. This lesson breaks down why it’s essential to go beyond just profit margins and look at other critical metrics to fully grasp your business's economic reality. Thi...