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CFL Financial location Level 9, 360 Queen Street Brisbane, QLD 4000
fax CFL Financial 07 3328 8999
phone CFL Financial 07 3328 8988
Email CFL Financial mail@cflfinancial.com.au

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

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The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

The seven numbers every business should know

Posted on May 26, 2015 by CFL Financial

Every small business should keep a close watch on the seven basic figures that can help predict business success. Businesses that do not take these numbers into consideration will never be able to progress as quickly as they should.

1. Cash flow
Cash flow gives business’s an overview of the economic state of the business. Small business owners should always make sure they have the necessary cash flow to meet all business expenses.

2. Net income
Just like cash flow, a business’s net profit provides a good indication of whether a business is earning or losing money.

3. Profit and loss
Knowing the profit and loss of a business can assist owners in making realistic short term and long term plans for the future.

4. Sales
Monitoring sales is important, as increases or decreases in sales could be a sign of a changing market. Reacting quickly to changes in sales allows businesses to determine what needs to be done to sustain growth.

5. Price point
Business owners need to know exactly how much it will cost them when purchasing and selling goods in order to make a profit.

6. Gross margin
If a business’s gross margin is low, and not sufficient to cover operating costs, then it’s likely that the business is not charging enough for the products and services.

7. Total inventory
Tracking the business inventory on a regular basis means any problems that arise can be spotted early on, and negative effects can be avoided.

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Retirement-in style

Retire in style checklist™

There are a few reasons why Business Owners need a Retire In Style Checklist

If you’re a successful and Motivated business owner, and want to set yourself up for retirement, this guide would be perfect for you. My clients who follow these 3 simple steps live with comfort, security and the peace of mind that financial success brings.

Retirement-prosperity-thumbnail

The Retirement Prosperity Guide™

Make sure you don’t miss out on the Retirement Prosperity Guide

If you’re a busy Professional and you feel like you’re not building your wealth fast enough and you want smarter ways to utilise your cash flow, this guide is perfect for you. Clients who have used our strategies have the peace-of-mind knowing they have a ‘game plan’ for financial abundance.

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Email:
Phone: 07 3328 8988
Fax: 07 3328 8999

Office Location:
Level 15, 10 Market Street,
Brisbane,
QLD 4000

Postal Address:
GPO Box 2468,
Brisbane,
QLD, 4001

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