the 3 Numbers That Will Change your 2026
Ready to make 2026 your most financially empowering year yet?
Make 2026 your most profitable year yet by focusing on the three key financial numbers every small business owner should track:
your paycheck: priority #1
You're the engine of your business, so why are you often the last to get paid? Make your salary a non-negotiable priority. This isn't just about personal finance; it forces your business model to truly support you. If you're not paying yourself adequately, it's time for a strategic rethink. Get creative with financing, or strategically cut expenses, but ensure your business serves its founder first.
Your margins: Master Them
Sustainable growth hinges on healthy profit margins. While industry benchmarks exist (20% for service, 40% for accounting), the real power lies in setting and consistently improving your own targets. Even a 1% quarterly increase can make a huge difference. Focus on boosting revenue rather than just cutting costs, as most small businesses are already running lean.
Your PAYROLL: Strategically invest in your team (and yourself!)
Hiring is essential for growth, but it must be strategic. Every W2 employee you bring on should contribute to increased revenue. Aim to keep your payroll costs under 50% of your total revenue. This requires thoughtful planning, especially with fluctuating income, but even a few hours a week from the right person can significantly impact your bottom line. Regularly review your payroll percentage to ensure it aligns with your financial goals.
Ready to dive deeper into these financial strategies for a thriving 2026? Connect with me on LinkedIn for more insights and tips.