What’s Your Business EP?

As a business owner, understand what your earning potential (EP) is can be very important to your finances. Or is it? Putting it simply, EP is your revenue minus your expenses and reinvestment monies back into your business. Determining your EP is important because it can affect the direction you take in expanding your business or even hiring employees or contractor.
As you assess your EP, there are a few things that you should keep in mind, such as:

Check you expenses to see if there are any areas where you have waste.
As you review your assets, determine their worth and catalog …read more