Numbers Are Life

Are you a morning or evening person? We tend to be one or the other and in fact I’ve found that it can change during different stages of life. Some of us start out being night owls and then as we get older we find ourselves naturally getting up earlier.

When I first started my business, things started out well. I was happy to keep the business relatively small when my children were younger. Later on, I decided to grow my business so I put my foot on the gas pedal.  That’s when my problems started!

There’s no point spending time creating plans for these areas of your business if you’re not going to review their status. This is your reminder to review, but where to start?

Start with your goals. What were your goals? How are they tracking? Perhaps you wanted to attract four new clients per month, launch a new product line or increase your average daily sale by $X amount. Whatever the goal, it must be tracked so that you can see its impact on the financials.

How do you know when it’s time to hire more people or outsource tasks? That’s where your resources plan comes into action.For most start-ups, when you first begin business you have to wear many different hats. You are the sales person, chief marketer, bookkeeper and even the cleaner! Of course your hope is not to [...]