At the end of the day we all need just one thing...
Clear, Concise and Precise information that can facilitate management discussion and action, quickly.
All About Small Business KPI
Times are tough out there. The need for quick decisions in today's world is a daily occurrence. Unless you have dedicated accounting staff, obtaining timely financial information can be non-existent.
Using KPI Performance Dashboards can be the answer to your business information woes. Let's face it, most business owners already have pretty good instincts on how things are travelling with their operation.
They have operated on those instincts for years. They know which numbers to look at and, at the end of the day, know that only a handful of numbers are really important to their decision making.
It's those numbers or key indicators that form the backbone of your business dashboard. Add a couple of other indicators for good measure and you will have a capable timely reporting system. A system that is simple enough to be capably used by any non-skilled staff members. They can easily record the data, produce the results and have your performance measurement system on your desk each Monday morning.
The indicators can be anything that effects your operations that you feel you need to keep a constant eye on. Those key indicators could be your sales, stock levels, cash at bank, labor hours, receivables, or efficiencies such as gross profit percentages, overhead measures or whatever you deem appropriate. You can even keep your sales team honest by tracking site visits, sales calls and quote numbers.
It is simple, it is easy; let Accountants do the accounting, let you be the king of the numbers that matter - Key Performance Indicators - numbers that show the way today. Subscribe now to your free 30 Day Trial Offer.... EzzyKpi