To stay competitive in business, keeping costs in check is crucial. Smart cost management helps businesses not only boost profits but also stay  ahead of competitors and grow in sustainably.

In business finance, understanding key financial ratios is crucial for evaluating the health and performance of a company. These ratios provide insights into various aspects of a business, from profitability to liquidity, and can guide strategic decision-making. Here, we explore some of the most important financial ratios every business should monitor.