Welcome to today’s episode of I Hate Numbers. Knowing your costs makes you money, a statement of the obvious perhaps. The thing with statements of the obvious is we sometimes forget the business basics. In this episode of ‘I Hate Numbers’ I am going to take a real cool way to look at your costs and for you to get great insights into your business. I don’t mean whether they're naughty, or nice, but how they react according to what your business does.
Having a great product, customer focus, working hard, marketing, are all important. Knowing your costs helps you with a lot more, including:
Cost behaviour is all about how your costs react and change. We need to factor in business activity to complete the picture. Some of your costs stay the same, whatever your business does; some of costs change, based on what your business does. Listen to find out more.
When you understand your costs more, you’ll inject oomph into your money making. The power of this insight and knowledge is numbers gold
Grab a coffee, make yourself comfortable, sit back and listen. Start looking at your costs and see if you can match make them to your business activity.
I love doing this podcast and sharing my love of Numbers with you. Check out the link to subscribe and don’t miss an episode. Help me spread that Number Love by sharing it this podcast and others with your network.
https://podcasts.apple.com/podcast/proactiveresolutionss-podcast/id1500471288
https://play.google.com/music/m/I3pvpztpjvjw6yrw2kctmtyckam?t=I_Hate_Numbers
https://open.spotify.com/show/5lKjqgbYaxnIAoTeK0zins
https://www.stitcher.com/podcast/proactiveresolutionss-podcast
https://tunein.com/podcasts/Business--Economics-Podcasts/I-Hate-Numbers-p1298505/
