Whoever is not aware of how his organization is doing in any given aspect and period, with relevance in the economic one, will lead the way to fail in its administrative and accounting management, generating in the worst case the bankruptcy of the company and its subsequent closure.
That statement is very true. If a business owner is unaware of his own financial situation, then there's big issue. Very informative. Thanks for sharing!
RE: Importance of financial statement analysis for business decision making