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Good businesses know where they are financially.
Great businesses know where they want to be.
Struggling companies don't know either.
Your company's ability to answer the following questions will help determine what category you are in.
01.
Do you know how much money you hope to make in the next 1 to 3 years?
02.
Do you fully understand what financial statements are trying to tell you?
03.
Do you have information readily available to make critical decisions?
04.
What are your 5 most and least profitable projects or activities and what is driving their performance?
05.
Is your accounting or ERP system holding you back?
06.
Do you know how much money or time is wasted due to antiquated or inefficient business process?
If your company struggles to answer any of these questions, you risk falling behind your competition
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