By Rich Bond
What Do You – As a Business Owner – Want in the Future?
The answers I hear most often include:
Unfortunately, most owners of privately held businesses don’t get the input they need to achieve these goals.
Yet, for many companies the easiest way to attain these objectives is to improve the company’s finance function and get a handle on key business indictors.
Here’s an example:
My friend is modest, but proud. He said his key report pointed out what needed to be done, and he did it.
Gino Wickman, the founder of the EOS system, said the single most powerful step any private business can take is identifying a limited number of key business metrics to help the owner manage the business. These metrics are usually operational and not found in the P&L, but they can be derived from financial statements.
The most logical person to help you transform your business into what you want it to be is a strong finance person. She or he can keep you up to date by sharing the key business metrics, and acting as your strategic business partner, can help get you where you want to be.
My business is finding finance professionals who enable company owners to achieve their goals. If you’re falling short of where you want to be, shoot me a message. I would love to talk to you.