What’s your profitability reporting?
May 27, 2010, 5:00 am
Copyright © 2010 Integrated Profitability TM
As a small business owner, what kind of profitability reporting do you use?
For example,
● How often do you review profitability reports?
● How many different profitability reports do you use?
● How are they prepared?
● Who prepares them?
● What sources feed the report(s)?
● What format or system are the reports in?
● Who receives them? Discusses them?
● Do the reports contain only financial information, or do they also have information regarding customers, products, inventory? Other important areas like marketing data?
At the end of the day, if the reports are helping you run your business, helping you avoid problems and letting you take advantage of opportunities, then your profitability reporting is doing its job. If, on the other hand, you always seem to be behind the curve, always being blind-sided, always having to run to catch up, then your profitability reporting is definitely in need of a make over.
● What’s worst about your reports?
● What’s best about your reports?
Bill
William A. Stong
Email: william.a.stong@gmail.com
SBF&P # 66
Telephone: 925-202-6244
Copyright © 2010 Integrated Profitability TM
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