Sophisticated fighter jets—and now even some expensive automobiles—offer a “heads up” dashboard display. It enables pilots and drivers to look out the windshield and still see all their crucial gauges. In the same way, you should have a dashboard of key performance indicators (KPIs) that you can see while you’re in the trenches running your […]
Most small business owners launch their companies because they are really good at delivering a particular product or service and they love doing it. Sadly, the majority aren’t equally as talented at managing the financial aspects of their businesses. Building a successful business requires more financial management than adding up your sales, subtracting the expenses and hoping there’s a little left over.
It’s the time again — the first day of the year when we all make resolutions for the coming year with great enthusiasm. However, most of us fail to make those resolutions stick. So before you begin with setting this year’s resolutions let go of what didn’t happen in 2009 and focus on the present reality of your business circumstances. So with that in mind, before you decide on your resolutions for 2013, make sure you have a realistic picture of your prospects for 2013. What do you believe is truly achievable for your business?