You’re no doubt swimming in a constant stream of information.
Fortunately, you can keep your head above water by boiling down the data into a format that’s relevant, concise, and user-friendly. For instance, significant indicators can typically be gathered on a single sheet of paper. Examples include revenues by product or service line, cash and accounts receivable balances, gross profit ratios by product line for retail and wholesale businesses, and productive salaries and benefits for service businesses. Simple graphs, charts and lists can also suffice if you prefer more visual-based information.
If you’d like help developing a simplified system tailored to your specific needs, contact our office at 215-491-9566.