Business Temperature Check on 2010
OK, we are two months through 2010. How do your numbers look?
Are you ahead of where you planned from a revenue and profit perspective?
If so, fantastic. The trick is to keep the accelerator on the floor because when you are hot, you are hot.
If you are behind, what changes do you need to put in place today to catch up to where you need to be? Treat this as URGENT.
You can’t let too much of the year go by, and get too far behind before you start making changes. The gap can’t be too big to overcome and still hit your goals.
If you are not sure if you are ahead or behind, you have some real work to do.
There are certain mastery elements that need to be available to every business owner on a consistent basis.
Those elements include:
Revenue—planned vs. actual
Profits—planned vs. actual
Cash flow—planned vs. actual (this is a BIG )
Client acquisition cost—planned vs. actual
Client retention—planned vs. actual
Hours worked—
planned vs. actual. To clarify, productive hours worked.
Marketing results—planned vs. actual
Yes, it is a lot of numbers to understand—but numbers are the language of business. So if you are not comfortable with numbers, you need to figure out how to get comfortable with them and fast.
Your clients may love you, and the team may love working for you, but if you don’t know the numbers that drive the business and the business is not making money, you won’t be in business for long.
Get started with the changes that need to happen today.
Are you ready to make a change?
To make a difference in your business you have to change the way you do things. It begins by attending one of our profit building seminars.
To get started today click the link above. We look forward to helping you grow your business and making the kind of money you always thought possible.
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Wed, 3rd Mar 2010 8:52 am
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