You are now prepared to identify the most important areas of your business operation that you will monitor on a routine basis in order to ensure that all of the prior work, strategy and implementation efforts that you've invested by participating in this program will yield the desired results.
In the first section, we have introduced three of the most critical areas to monitor on a daily basis, particularly if your venture is just starting out. Poor cash flow management can be one of the fastest ways to go out of business. By practicing a daily cash flow management analysis routine (download Excel or PDF Worksheet), you will also be monitoring projected sales revenues. Depending on what type of product or service you sell, you will also want to develop an efficient way to determine profitability on an ongoing basis.
Instructions: List the most important areas of your business that you will be monitoring on a routine basis, as well as the technique that you will use to do so for ensuring your business development progress and growth.
Now – on to GRADUATION!