QuickBooks 2021 For Dummies

Chapter 20

(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

I have 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 ...