Math is part and parcel of every company. Without it, owners can’t determine if they made any profits or losses at the end of the year.
Entrepreneurs with a good understanding of math make better decisions than their counterparts.
They must first estimate all the costs they might incur.
Today, we make decisions based on the information we have on hand. But even after making a decision, you still need to understand the metrics that follow it.
Proper product pricing is one of the secrets to the success of an organization.
A smart organization leader projects the revenue and expense of a business for the future.