Know your financial forms

— -- Numbers are not just details: They are the vital signs of any business; you must understand your company's numbers to realistically assess the condition of your business.

Even if you're not responsible for preparing ongoing financial reports, you should have a working understanding of financial statements so that you can better control your company.

Excerpted from The Successful Business Plan: Secrets and StrategiesTo purchase the full book visit www.planningshop.com© 2009 by Rhonda Abrams