How well do you Know the Numbers in your Business?
Here we will very briefly explain why this is so important and why it is especially so just now.
Understandably there are a significant number of statistics being published to help us understand the spread and control of the coronavirus. Percentages, histograms, trend charts, probabilities and other infographics are regularly presented. With this information we are better able to appreciate the impact the current regulations are having on its spread and control.
But how well do you know your business data and how often do you analyse it?
For example;
Is your cash flow going to meet your current and future needs?
How much effort do you put into creating realistic financial projections?
Do you know which projects or transactions are making the most money and which are costing you money?
Do you know how well your social media channels are performing?
How many clicks has your website attracted and which pages are receiving the most attention?
Knowing the numbers is critical to managing a successful business. With the right tools you can take control and make your business more successful and crucially, much more profitable.
If you wish to learn more we are here to help.