You are skilled in your area of expertise but your business keeps raising areas that you are not familiar with. Coaching and mentoring can be a vital resource to answer these questions. You don’t feel that is for you? Outsourcing can be another avenue for you to cover the areas of your business that you are unsure of. This will then leave you free to deal with the areas that your skills cover. Another alternate option to coaching and mentoring are the 12Faces measurement tools. These tools will enable you to up skill. Be aware of where your business is at on a regular basis – monitor its performance on a monthly or quarterly basis and be confident that it is optimised to be a sustainable business in the long term.
11Feb
Management Accounting Suggestions
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 of...