I’d like to share with you a challenge that one of my clients experienced and how he was able to overcome that challenge by measuring and tracking his business performance. The Challenge… He is a specialist pediatrician who was billing and charging based solely on time. When billing based on time, and you are only […]
The Power of Measuring and Tracking Your Business Performance: A Case Study
July 16, 2012 by Leave a Comment
Should I be tracking the costs related to my products and services?
June 25, 2012 by Leave a Comment
I often get asked by clients if they should be tracking the costs related to their different products and services. My answer to that is definitely. The costs you need to be tracking are both your direct costs and your hidden costs. By tracking what your direct costs are in terms of receiving your product […]
Make your Profit & Loss Statement work for you
June 18, 2012 by Leave a Comment
I am often asked by clients what a profit and loss does; what it actually tells you and what it should actually look like. The normal Profit and Loss Statement is basically a record of all your income and all your expenses; for example a normal Profit and Loss Statement has one income account, and […]
