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Key
performance metrics need to be identified and measured. They should cover every
single aspect of your business. Our proprietary
tools will help you to evaluate every aspect of your company's performance -
and how to improve it.
Financial:
Your financials are your company's EKG readouts. If your financial statements
are not accurately reflecting your company's performance, you are going to face
severe operational challenges. How you pay and collect bills can affect cash
flow. If you are in a products business, inventory turn is also a key
metric to measure and evaluate. If you are a public company, how the market
values your stock can be another factor to consider.
HR:
How happy are your employees - really? Their attitude affects their performance
and can influence your customers' perception of your company. How do your
different departments interact? Is there a team spirit, or is there friction?
Operations:
Is there room for an increase in productivity? Can you cut expenses by doing
things differently? Are your operations process-driven? What kind of reporting
is done and how frequently? How can you add value to your customers? Are you
meeting customer expectations? Exceeding them?
Marketing/Sales:
Are people reaching and exceeding quotas? Are they well trained and do they have
the marketing support they need? Can you add to the top line by adding staff?
Are there additional channels that you can utilize to increase sales?
Redtail
Advisors will help you gain an objective and comprehensive view of your business metrics that can
accurately forecast future performance and valuations.
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