"..There are three things required for financial success. It does not matter if you are an individual, a family, a business, a non-profit, or a government, there are only three things you need to be a financial success. Best of all, they are simple.."
These very basics are a start but I wouldn't say that you could end there. Part of being able to do this well is to understand your profit drivers. To do this you need to understand your costs, your sources of revenue, and your competitive position. With this understanding, you are in a better position to spend wisely and invest differentially.
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"..There are three things required for financial success. It does not matter if you are an individual, a family, a business, a non-profit, or a government, there are only three things you need to be a financial success. Best of all, they are simple.."
These very basics are a start but I wouldn't say that you could end there. Part of being able to do this well is to understand your profit drivers. To do this you need to understand your costs, your sources of revenue, and your competitive position. With this understanding, you are in a better position to spend wisely and invest differentially.
Three rules to lay the groundwork for a suvccessful business!