Your competitors usually offer, essentially, the same goods and services as your own. Example: Consider retail grocery shops where every shop offers, by and large, the same product line. To stand out from the crowd, the shop needs to differentiate themselves in the minds of the consumers. This is to bring...
In this article, we discuss some of the common improvements that can be made to small business management accounting bookkeeping systems to make them more useful for management accounting and performance measurement purposes. The usefulness of many of the tools and discussions in 12Faces rely on the quality and nature...
The 12Faces Diagnostics help with business problems diagnosis in business. You can see the "Symptoms" of a problem but don't know how to begin to remedy the problem. For example, your Profit is falling. But that can be due to several possible causes. The Symptoms section of 12Faces Diagnostics is your...
YOU know what you want advice on. With YOUR specific issue in mind, select the area below that best fits. Note: Registration may be required for some materials Drill down to the article that provides the solution. Sometimes when you go to the doctor, you know exactly what treatment you want. "Fix my...
The 12Faces Diagnostics help with problem diagnosis in business. You will find one or more solutions to how to improve your business on your journey to "Sustainable Business Success". Here, we learn how to choose the "correct" next step. Continue reading
ChangeBoard Family Feedback "We want to keep improving our service to business owners. Please consider giving your feedback via this page" HelloIf you have arrived here, you might not have found a use for the 12Faces ChangeBoard tool and its family members.Sometimes, that is because we have not explained how to...
When you are planning the next steps for your business improvement, there are usually several changes that you could choose from. You believe all these steps will improve your business on your path to Sustainable Business Success. The problem is, it can be very confusing to decide which, of the...
The term "Benchmark" is used to describe a piece of information that can be used as a comparation with your businesses' performance so you have an understanding of how you compare to your industry standard performance. See Wikipedia for more. Benchmarks are very useful because, if you have nothing...
Poor and unsatisfactory Sales Revenue is a common problem for businesses. A weakness in Sales Revenue will normally contribute to unsatisfactory Profit levels. Since all Profit starts with a Sale, fixing poor Sales is a good place to start any remedial work on your business. Yellow Belt
