The Right Process For Using Metrics In Your Business
If you have been in business for at least a couple of years, then you most likely look at some sort of metrics. Even if you haven’t been in business for that long, the sooner you can understand the importance of looking at numbers, the better off your business will be. The right process for your business metrics is about not just looking at your numbers but understanding what they mean and using them to affect change in your business. Metrics come in all shapes and sizes. You may get metrics from your profit and loss, balance sheet or cash flow statement. You have web analytics such as Google analytics,
How You Separate The Wheat From The Chaff In Your Business
It’s easy to get caught up in the not-so-important details of your business. This shows up when business owners swear their e-mail box needs to be open at all times of the day. It also shows up when an employee swears that they needed to redesign a new fax cover sheet for the office. I mean, come on, the old cover sheets were ugly! Separating what’s important from what’s not important is essential in your business. This Bible idiom of separating the wheat from the chaff is so appropriate in business. When your operation starts to grow, it’s easy to get lost in the minutiae of the day-to-day operations. Keeping
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