It’s somewhat easy to determine if your company is doing well. You’ll be in the black every month, able to make your payroll and pay all of your monthly bills and expenses. But are there discernible levels or observable distinctions that reliably signify good financial health? Or are there ways to determine how well you’re doing beyond the norm?
There are more than a few ways, some of which may be more appropriate for your business than others. With that in mind, let’s review seven signs that your company is in good financial health.