20/07/2026
Stop reading your P&L. Start reading five numbers.
The profit and loss arrives once a month, weeks after you could have done anything about it. By then the quiet fortnight is already history.
I learned this with a client a few years back. Flat out, felt busy, felt fine. The P&L in month three said otherwise. Actually it wasn't the P&L that found it, it was a scribbled tally of enquiries on a whiteboard. Enquiries had dropped six weeks earlier and nobody noticed because everyone was busy finishing old work.
Busy is a feeling. It's a terrible management tool.
Here's what I get owners to check every Friday. Takes ten minutes.
1. Cash available. Actual money you can spend, today.
2. Sales for the week.
3. Gross margin. What's left after the direct costs of doing the work.
4. New enquiries or leads. This is your future, eight weeks early.
5. Work completed. Jobs done, orders shipped, whatever fits your business.
That last one changes by industry. A café counts covers, a builder counts milestones. Pick the one that shows work actually moving.
Five is enough. The owners who track forty things on a spreadsheet stop looking at it by March. Five numbers on one page, checked weekly, and you start seeing trends instead of surprises. One bad week means nothing. Three soft weeks of enquiries is a conversation.
Franchise owners, this applies to you too. Getting reports from head office is common. Understanding them is rarer. A report you don't read and trust is just paper.
This is the thinking behind Stage 2 of Get Your Business Sorted, where measuring the right things is how you get control back.
Try it this Friday. Write your five down, even roughly. The first week is just a starting point, the trend comes later.
Read the article:
Stop running your business on gut feel. These five small business KPIs give you real control, clear answers, and the confidence to grow.