(Almost) Ten Secret Business Formulas
IN THIS CHAPTER
Finding the most expensive money you can borrow in two ways
Figuring out how to break even
Finding out whether you’re growing too fast
Using two different formulas to answer those what-if scenarios
Letting Isaac Newton decide your ordering schedule
Following the Rule of 72
Ihave some good news and some bad news. The good news is that you can use some powerful formulas to better your chances of business success and increase your profits. No, I’m not joking. These formulas do exist. You can and should use them. In the pages that follow, I explain the formulas and how to use them.
Now for the bad news: To use these formulas, you need to feel comfortable with a bit of arithmetic. You don’t need to be a serious mathematician or anything, but you do need to feel comfortable using percentages and calculators. By the way, you ...