6 Steps to Understanding and Improving the Key Numbers in Your Business
I‘m always on the lookout for articles with the potential to positively change a business. What’s your take on the following points I came across recently?
Step 1
Make sure that your bookkeeping is up-to-date. Forget sending a pile of paperwork to your bookkeeper at the end of the month or quarter. Get the bookkeeping done on a daily or at most, weekly basis. Online accounting systems make this super easy to do. For many Small Businesses, less than 15 minutes a day will keep your bank account reconciled.
Step 2
Set some targets of how much you would like to improve those five key numbers and then identify ways to work on achieving better results. Weekly and monthly monitoring will show you what impact those actions had on the numbers, and you can start to see improvements in your numbers.
I’d be really interested to know your opinion. Check out the full article here and then I’d be happy to discuss with you by phone (0467) 749 378 or email [email protected].
Thanks,