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10 Essential Numbers Every Business Owner Should Know
Rating: 4.6 out of 5(6 ratings)
45 students

10 Essential Numbers Every Business Owner Should Know

Read your financial numbers with confidence and make smarter decisions for profit and growth
Created byLisa Newton
Last updated 6/2026
English

What you'll learn

  • Read and interpret a Profit & Loss Account and Balance Sheet with confidence
  • Identify the three fundamental numbers that drive every business
  • Calculate and use liquidity ratios to assess short-term financial health
  • Measure profitability using key financial ratios and metrics
  • Recognise insolvency and debt warning signs before they escalate
  • Apply your understanding of financial numbers to make informed business decisions

Course content

6 sections10 lectures1h 3m total length
  • Introduction to the course3:07

    Intro to the course and why burying your head in the sand is not an option

  • Profit and Loss Account explained4:24
  • Balance Sheet explained5:34

Requirements

  • No accounting or finance experience required
  • An interest in understanding how your business numbers work is all you need

Description

Do you know which numbers are making or breaking your business right now? Most business owners focus on sales - but the numbers that determine whether your business survives and thrives go much deeper than your top line.

In this course, I'll walk you through the 10 essential numbers every business owner needs to understand - from your profit and loss account and balance sheet through to liquidity, profitability, and solvency ratios. No jargon, no overwhelm - just clear, practical explanations you can apply immediately.

What you'll learn:

  • How to read a Profit & Loss Account and Balance Sheet with confidence

  • The three fundamental numbers that underpin every business

  • How to measure your liquidity - and why it matters more than profit

  • How to calculate and interpret your profitability ratios

  • How to spot insolvency risks before they become a crisis

  • How to use these numbers to make faster, better business decisions

This course takes just over an hour to complete and is designed for busy business owners who want practical knowledge fast. Whether you're self-employed, running a small business, or studying finance, understanding these numbers will give you a genuine edge.

I've spent over 25 years working with business finances as a bookkeeper, financial educator, and entrepreneur - and I built this course to give you exactly what I wish every business owner knew from day one.

Enrol today and start reading your business numbers with confidence.

Who this course is for:

  • Business owners, entrepreneurs, potential business owners, business stuSmall business owners and self-employed people who want to understand their finances
  • Entrepreneurs and startup founders building financial confidence
  • Bookkeepers, accounts staff, and finance students looking to strengthen their core knowledge