Customizing your Chart of Accounts (COA) to reflect your unique business needs provides more precise financial analysis and helps drive informed business decisions for growth and profitability. A unique COA is key to the success of your business!
All entrepreneurs feel like they hit a wall while growing a business at some point. It's common to feel like things have slowed down and you've become stuck, though it never feels good to admit. How do you go from stuck to unstuck? You can give up, take a break, invite outside perspectives, or reframe your stuckness to move on.
Reviewing financial information allows you to see how your business has grown, whether you've hit your goals, and even figure out where you'll be in the future. It also helps while creating a plan for your dwindling bank balance!