Understanding Business Health (Series) – made easy (Key Performance Indicators 101)
How do I monitor my Business’ Health? (Daily, Weekly, Monthly and so on) Continuing with analogy themes, monitoring your business’ health is like giving yourself a daily check-up – How is your pulse rate, your temperature and other key symptoms – In business these are commonly referred to as Key Performance indicators (or KPI’s). As […]
Understanding Business Value (Series) – made easy (Valuations 101)
What is my Business Worth? As you are personally invested in your business, you will have your own belief as to your business’ potential and worth. This will be influenced by your reason/s to sell! However, ultimately value is truly determined on the ‘willing buyer, willing seller’ principle, where the parties will eventually agree on […]