EP09: The KPI Blind Spot: Why Entrepreneurs Crash Without Reading the Dashboard
Manage episode 494431513 series 3661307
In this episode of The Rev Room, Francois sits down with senior account manager Matt Barlow to unpack one of the most overlooked (yet vital) growth tools in business: financial reporting. They explore the common pitfalls entrepreneurs face when they ignore their numbers, what to look for in a proper management pack, and how data-driven decisions can uncover hidden profit leaks. With relatable metaphors and real client stories, this episode turns financial literacy into a powerful leadership weapon—especially for founders stuck in the operational grind.
Three Key Takeaways
- Your P&L Is Not Cash Flow: Many entrepreneurs confuse profit with available cash. Understanding how accrual accounting works is key to accurate planning and avoiding nasty surprises.
- Monthly Financial Reports Are Non-Negotiable: Reading your management accounts—especially your balance sheet, cash flow, debtors, and budget vs. actuals—is like checking your GPS. Without it, you’re flying blind.
- The Right Support Can Save You 20%: A strong accounting partner isn’t a cost—it’s a growth lever. One client avoided overdraft, timed stock accurately, and saw exponential growth by simply implementing a proactive purchasing plan.
If this episode sparked something in you—if you’re ready to get out of survival mode and into strategic growth—BizRev Advisory is here to help.
👉 Visit www.bizrev.co.za to learn more about our coaching, consulting, and full-service business support solutions.
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9 episodes