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Monday, 18 July 2011
Analysing the numbers in your business
Chapman Robinson and Moore accountants have been running a series of seminars to help business owners understand the numbers in their business and how to make timely decisions from their financial information. We see many businesses focused on the turnover figure in their business, but with little awareness of the key financial ratios. Small changes in some of these measurement ratios can result in a large impact on profits. The latest seminar demonstrated the use of understanding your Gross and Net profit margins, liquidity ratios, stock turnover days, debtor days, return on investment, gearing and sales drivers. Contact CRM for more details.
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