Numbers as a percentage of income

When you look at your Income Statement each month, be sure that your accountant puts the % of income for each expense.  Take a look.

Pick three major expenses and see if you can dig in and figure out if you can lower them as a percentage of income.  When I say “dig in”, you can look at invoices, ask questions, look at all the expenses in the category, see where the product went or how effective the employees are that represent that expense, etc.

Of course, if your income goes up and down month to month and the expense stays the same, then the expense as a percentage will go up and down.

Make friends with the numbers.  They are waiting for you to notice them!