Ken Longbridge is staff write at EntrepreneurIdeasClub.com. He is also a blogger and admires trendscounts, because they are in the know most of the time.
It’s not totally necessary if you can hire someone you trust to do the math for you. However, you should know the basics – addition, subtraction, division, multiplication.
And – hire an auditor to check your math person. Don’t trust them too much.
I can’t think of any reason that you should have to know math to run a business. Unless of course you needed to know how to do a percentage markup or multiply the number of units by the cost or selling price. If you won’t need to figure any sizes or sales tax, math ignorance should not be a problem.
It’s not totally necessary if you can hire someone you trust to do the math for you. However, you should know the basics – addition, subtraction, division, multiplication.
And – hire an auditor to check your math person. Don’t trust them too much.
I can’t think of any reason that you should have to know math to run a business. Unless of course you needed to know how to do a percentage markup or multiply the number of units by the cost or selling price. If you won’t need to figure any sizes or sales tax, math ignorance should not be a problem.