You’re building something—an idea, a team, a business. But here’s the hard truth: if you don’t know your numbers, you can’t control your future. Understanding your business performance isn’t about spreadsheets or finance degrees. It’s about knowing where you stand—today—and where you’re heading. That’s why smart business owners and advisors turn to Jazoodle, a simple […]
The world stands on the edge of a new era in global trade. With looming tariffs on key imports and exports, small businesses must brace for financial turbulence
Tracking your gross profit margin (GPM) is one of the most crucial financial metrics for small and medium-sized businesses (SMBs). GPM helps business owners understand how efficiently they manage production costs in relation to revenue, providing insights into profitability and pricing strategy. A healthy GPM ensures that your business is retaining enough profit after covering the cost of goods sold (COGS) to sustain operations and plan for future growth.
However, it’s essential to recognize that gross profit margin and cash flow are different. While GPM reflects profitability, cash flow measures the money moving in and out of the business. Strong profit margins don’t always guarantee strong cash flow, so SMB owners need to monitor both closely.
By consistently tracking GPM and understanding how it impacts cash flow, SMBs can improve financial health, plan for sustainable growth, and remain competitive in their industries.
Business Podcast Summary To save you time and effort (it’s what we do!) here’s a summary with links to our initial podcast series, originally created in 2021 Episode 1 Alan Jones Serial entrepreneur, investor, mentor Episode 2 Caleb Gibbins (CEO Cache) and Sean Greenhaugh (CEO TimeChi) Episode 3 Gordon Whitehead Business Advisor Episode 4 Brendan […]
Recent ABS statistics showed that between 60 and 70% of all businesses do not make it to their 5th birthday. Think of all that blood, sweat and tears within those businesses. There are a myriad of reasons for such levels. Two of the key reasons are 1) poor financial spatial awareness and 2) inadequate financial planning and forecasting. As a company, these […]
If, like thousands of other business owners, you are at times unable to see the wood through the trees, there’s some little tricks that you can use to ensure your business is on track – and these will only take a few seconds each month. We recommend checking at least every month, after closing your […]
